Gaming giant Nintendo has cut its net profit forecast for its financial year after profit and sales fell as gamers start to look ahead to the release of its next console.

Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters."Nintendo Switch hardware and software sales through the third quarter were below expectations,

Nintendo Co. revised its full-year forecast down after profit and revenue plummeted over the holiday period, with gamers increasingly looking forward to the release of its next-generation console.Most