The Switch has outsold the PS4, but Nintendo sees tougher times ahead
It's now only behind the DS and PlayStation 2.
Financials
Sony has now shipped over 32.1 million PS5s following blockbuster holiday sales
It sold 28 percent of all PS5s ever in just a single quarter.
Spotify reaches 205 million Premium subscribers as losses mount
The company's pandemic hiring spree caused costs to balloon.We have two newsletters, why not sign up for both?
Nintendo lowers Switch sales forecasts but still expects a healthy year
It'll sell two million fewer units for fiscal 2022, it said.
Sony has sold over 25 million PS5s
It still expects to sell 18 million units this year.
Virgin Galactic postpones space tourism flights again
It's now set for Q2 2023 due to 'mothership enhancement' delays.Nintendo’s Switch sales drop as it contends with chip shortage
Game sales also fell, but first-party sales improved.
Sony lowers forecast for PS5 gaming sales in 2022
It sold 2.4 million PS5 units in the last quarter.
Spotify has 188 million Premium users, but continues to lose money
Overall user figures grew to 433 million, but the company lost $197 million in the quarter.
Twitter welcomes more users but finds it harder to make money
User figures increased but its profitability is still bogged down by all of the drama surrounding the sale.
NVIDIA reportedly slows down hiring as it braces for a drop in gaming sales
It follows similar moves from Lyft, Snap, Meta and others.
Sony has now sold over 19 million PS5s
Only 2 million were sold last quarter, confirming Sony hasn't overcome its supply issues.
AMD teases new 'Dragon Range' CPUs for high-end gaming laptops
They'll arrive sometime in 2023.
Twitter admits it accidentally overstated user numbers between 2019 and 2021
The company also revealed an operating loss of $128 million as Musk deal approaches.
Ads are coming to YouTube Shorts
Usage of the platform is up four times over the last year.
HBO and HBO Max gained 3 million subscribers before splitting from AT&T
Netflix's loss was HBO's gain, apparently.
Peloton is replacing its CEO and cutting around 2,800 jobs
With its stock plunging 80 percent in a year, it's been a subject of takeover rumors.
The Switch is now Nintendo's best-selling home console ever
It just surpassed the Wii with 103.54 million sales since it launched in 2017.
Apple brought in a record-breaking $123.9 billion in revenue, despite supply constraints
The company is responsible for nearly 2 billion active devices globally.
Nintendo lowers its Switch sales forecast due to global chip shortage
It now expects to sell 24 million consoles instead of 25.5 million.
