United Kingdom, Feb. 19 -- Nintendo shares have fallen by eight per cent after developers were told the company was pushing back the launch of its Switch successor to the beginning of next year.

It was claimed on Saturday (17.02.24) that the new console was now delayed until "March 2025 at the earliest" despite having been slated for a release in autumn of 2024 and now Bloomberg has reported a significant fall in the company's shares following the news.

Mio Kato of LightStream Research, said: "There seem to be a lot of new buyers of Nintendo who may be less familiar with the name and more impatient for the company to put up visible numbers. Nintendo's numbers for the March 2025 fiscal year could start to look rather ugly if key software...