Nintendo released its latest financial results, and it makes for some somber reading but teases the potential to smash an all-time sales record for the Nintendo Switch.

Nintendo’s profits tumbled as sales of its Switch console lost momentum, prompting the Japanese video-game maker to lower its full-year forecasts.

Japan's Nintendo cut its full-year sales Switch forecast by 12 per cent to 11 million units as the aging console loses momentum ahead of the launch of a successor device this year.Nintendo remains dep