Summary:
- Nintendo has lowered its sales forecast for the Nintendo Switch console, citing a 31% decline in sales compared to the previous year.
- The company cites several factors for the decline, including supply chain issues, the ongoing chip shortage, and a lack of major game releases.
- Despite the lower forecast, Nintendo remains optimistic about the long-term prospects of the Switch, stating that it expects sales to rebound as the supply chain issues are resolved and new games are released.