Switch sales drive increase in Nintendo's quarterly profit

Splatoon 2 sold 670955 units within first three days in Japan

Splatoon 2 Sold An Estimate Of Over 670000 In Its First Three days In Japan

In its April-June earnings report released on Wednesday, the Kyoto-based company said it would sell 10 million units of the Switch by March, sticking with its initial outlook in April.

Revealed as part of Nintendo's latest earning results, the last fiscal quarter saw Switch sell 1.97 million units, continuing its strong start in the market.

The Switch has been a big success for Nintendo so far, though the sales of the console likely could be significantly higher if they provided enough supply to meet demand.

Metroid Prime 4 and Pokémon for Switch were announced by Nintendo at E3 2017. The number is also a big improvement on the first game's debut of 156.610 sales, a sign of how much the fanbase has developed in this time.

The more challenging aspect of the Switch is getting third-party software moving just as many units; a problem that Nintendo has faced in the past with software on the Wii and Wii U. As of June 30, Nintendo sold 4.7 million Nintendo Switch units globally. That means 83 per cent of Switch owners have a copy of Zelda, and 75 per cent of Switch owners have bought a copy of Mario Kart 8 Deluxe.

For the older handheld device 3DS, Nintendo sold 950,000 3DS units during the quarter, a slight increase from a year earlier. It will be interesting to see where the Switch goes in terms of its one-year mark. Indeed, Nintendo's new fighting game outsold The Legend of Zelda: Breath of the Wild, which shifted another 1.16m units worldwide.

Almost 2 million of those consoles were sold in the past three months, with the company still dealing with supply constraints and keeping the Switch in stock at stores. In total, revenue reached $1.4 billion (up 149% on last year), translating to a profit of $190 million. In the year ago quarter Nintendo lost JPY5.1 billion.

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