🔍 Summary:
Nintendo is gearing up to unveil crucial details about the highly anticipated successor to its popular Switch console during a live presentation scheduled for 13:00 GMT on Wednesday. The presentation, part of a Nintendo Direct event, will disclose the price, release date, and other significant information about the new console, tentatively known as the Switch 2. This announcement follows a teaser video released in mid-January, which hinted that the new device will maintain the hybrid handheld and home console design of its predecessor but will feature a larger screen. The teaser also included a sneak peek at a new Mario Kart game. While specifics about the console’s technical specs remain sparse, Nintendo has confirmed that the Switch 2 will be compatible with games from the original Switch. The original Switch, launched in 2017, has sold over 150 million units globally, making it the third best-selling game console ever and a financial boon for Nintendo after the disappointing performance of the Wii U. The anticipation surrounding the Switch 2 has led to a more than 28% increase in Nintendo’s stock price over the past year, despite a general downturn in the Japanese stock market.