Breaking News

PROGRADE DIGITAL ANNOUNCES TWO NEW HIGH-SPEED, USB 4.0 CFEXPRESS & SDXC UHS-II DUAL-SLOT READERS Intel Launches Intel Core Series 3 Processors Sony at NAB Show 2026 ADATA Launches URBAN TAPSAFE External SSD Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Nintendo's Earnings Boosted by Switch Console Sales

Nintendo's Earnings Boosted by Switch Console Sales

Gaming Jul 26,2017 0

Nintendo on Wednesday said it swung to a profit in the first quarter due to strong demand for its Switch console.

The firm has said it expects Switch to help more than double its annual operating profit and end an eight-year sales decline that dogged its previous offering Wii U.

The company reported an operating profit of 16.21 billion yen ($144.95 million) for the three months through June, from a year-ago loss of 5.13 billion yen.

Nintendo reiterated its 65 billion yen operating profit forecast for the year ending March. It also kept its Switch sales forecast for the year at 10 million units.

The company sold 1.97 million Switch consoles in the three months through June, bringing the cumulative total to 4.7 million units. Demand has been so strong that Nintendo has found it difficult to keep up as queues get longer outside stores. The company has apologized for the shortage of Switch in Japan and pledged to raise production.

New mobile titles, such as Super Mario Run and Fire Emblem, drove first-quarter revenue from mobile gaming and related merchandise to 9 billion yen, from 1.6 billion yen a year ago.

Tags: Nintendo
Previous Post
Kaspersky Lab Launches Free Antivirus Software
Next Post
GPUs and Ryzen Processors Help AMD's Financial Figures

Related Posts

  • Nintendo releases Switch Firmware v20.0.0

  • Nintendo Maintains Nintendo Switch 2 Pricing, Retail Pre-Orders to Begin April 24 in U.S.

  • Nintendo announces Switch 2!

  • Nintendo celebrates Mar10 Day with games, movie news and a variety of Mario-themed activities

  • Nintendo offers Super Smash Bros. Ultimate and Nintendo Switch – OLED Model bundle for Black Friday and announces other holiday deals

  • Nintendo Announces Switch OLED - The Legend of Zelda: Tears of the Kingdom Edition

  • Denuvo launches Nintendo Switch Emulator Protection

  • Game consoles sales booming in Taiwan

Latest News

PROGRADE DIGITAL ANNOUNCES TWO NEW HIGH-SPEED, USB 4.0 CFEXPRESS & SDXC UHS-II DUAL-SLOT READERS
Cameras

PROGRADE DIGITAL ANNOUNCES TWO NEW HIGH-SPEED, USB 4.0 CFEXPRESS & SDXC UHS-II DUAL-SLOT READERS

Intel Launches Intel Core Series 3 Processors
Enterprise & IT

Intel Launches Intel Core Series 3 Processors

Sony at NAB Show 2026
Cameras

Sony at NAB Show 2026

ADATA Launches URBAN TAPSAFE External SSD
PC components

ADATA Launches URBAN TAPSAFE External SSD

Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II
Gaming

Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed