The UK software sales chart for the week ending December 27, 2025, features two Nintendo Mario Kart games in the top five, with Mario Kart World at #2 and Mario Kart 8 Deluxe at #5, highlighting Nintendo's strong presence in the market.
Nintendo's software sales are struggling to keep pace with the rapid growth in hardware sales, particularly with the launch of the Nintendo Switch 2, amidst a broader tech industry context where competitors like Sony are experiencing strong results and optimistic forecasts.
Famitsu's latest Japanese sales data reveals strong first-week sales for Pokemon Legends: Z-A, with the Nintendo Switch 2 leading hardware sales at over 200,000 units, and the game achieving nearly 873,000 copies sold in its initial week.
IBM's stock fell over 8% despite beating earnings expectations due to weaker-than-expected software sales, particularly in transaction processing, as customers shift spending towards AI-enhanced mainframes. The company's infrastructure and consulting divisions showed positive signs, and its AI business continues to grow, but cautious outlooks remain. Wall Street maintains a moderate buy rating with an average price target suggesting nearly 12% upside.
IBM's stock declined after its Q2 earnings report showed slightly weaker-than-expected software revenue growth, though overall revenue and earnings surpassed estimates. Despite the dip, shares are up 15% for the year, with analysts remaining bullish due to IBM's positioning in AI and hybrid applications, though some have lowered their price targets amid the growth slowdown.
Nintendo's updated top ten best-selling Switch games list shows Mario Kart 8 Deluxe surpassing 60 million units and The Legend of Zelda: Tears of the Kingdom exceeding 20 million units, with the Switch itself selling over 139 million units. Super Mario Bros. Wonder has sold 11.96 million units but hasn't made the top ten yet, while Nintendo also reaffirms release windows for upcoming first-party games.
Snowflake Inc., a software maker, has provided a product sales outlook for the current quarter that surpasses expectations, indicating a potential stabilization of revenue after a significant growth slowdown. The company expects product revenue to increase by approximately 30% to as much as $721 million, beating analysts' average estimate of $702.2 million. Snowflake's revenue expansion has decelerated due to companies scrutinizing their software spending, but the CEO attributes the positive outlook to a "broadly stabilizing macro environment" and increased demand for the company's software driven by artificial intelligence workflows. The company's stock rose about 7% in after-hours trading.
Wall Street analysts predict that Broadcom's completion of its acquisition of VMware will lead to a rise in AVGO stock. The acquisition is expected to increase Broadcom's software sales and reduce its exposure to the cyclical semiconductor market. Analysts have raised their price targets for AVGO stock and anticipate immediate positive impacts on Broadcom's gross profit margin and earnings per share. The next potential catalyst for AVGO stock could be Broadcom's fiscal fourth-quarter earnings report on December 7.
IBM reported third-quarter results that beat Wall Street estimates, with earnings per share of $2.20 and revenue of $14.75 billion. The company's overall revenue grew 4.6% YoY, driven by an 8% increase in software sales. However, the consulting division's revenue fell short of expectations due to cost reduction pressures and a stronger US dollar. IBM's management reiterated guidance for the full year, including revenue growth between 3% and 5% and $10.5 billion in free cash flow. The company also announced the release of new AI models and acquisitions in the AI and cloud cost management sectors.
IBM reported better-than-expected earnings for the June quarter, driven by strong software sales. However, revenue fell slightly below expectations due to unfavorable foreign exchange rates.
Nintendo has released its latest financial results, revealing that the Switch has sold over 125 million units, but both hardware and software sales are down. The company also shared its top 10 best-selling Switch games, with Mario Kart 8 Deluxe, Animal Crossing: New Horizons, and Super Smash Bros. Ultimate taking the top three spots. Despite the overall decline in sales, new 2022 releases like Nintendo Switch Sports and Kirby and the Forgotten Land are selling well.
Nintendo reports a decline in Switch console sales and warns that no new hardware will be released before April 2024. The company sold 17.97 million consoles during the fiscal year, missing its sales target of 21 million. Nintendo forecasts a further 16.5% decline in console sales during the current fiscal year. Despite the decline in hardware sales, Switch software sales remain strong, with new entry Pokémon Scarlet and Violet shipping 22.1 million copies. Nintendo's net sales were down 5.5% at 1,695 billion yen ($12.56 billion), and net profit was down 9.4% at 432.7 billion yen ($3.2 billion).