The Switch is powering Nintendo toward a $1 billion profit

Share

The Nintendo Switch has now sold 7.63 million units during its first six months on sale. To put that in perspective, the Wii U only sold 13.56 million over its entire lifetime.

Nintendo's full-year earnings projections were upwardly revised, with the firm's sales now estimated at 960 billion yen compared with a previous projection of 750 billion yen, thanks to favorable currency moves and the popularity of its Swift console.

The company said Monday it logged a 51.5 billion yen ($456 million) net profit in the fiscal first half-year.

In addition to selling over 7.63 million consoles, Nintendo have also revealed that 27.48 million Switch games have been sold.

Nintendo surprised everybody by quietly adding GameCube controller support to the Nintendo Switch, and apparently, that includes Nintendo itself.

More news: Judd 'made deal to flee Weinstein advances'
More news: Free tacos after Astros' Cameron Maybin steals a base in World Series
More news: Group Voice Calls On WhatsApp Soon! Get Ready For Conference Calling

Nintendo has raised its Switch hardware sales forecast and now expects to shift 14m consoles before the end of the financial year. "We bet big on the Switch as a game changer so we began making games before the Switch's launch, but many software companies showed reluctance in releasing Switch games before they witnessed the current success", Koei Tecmo CEO Yoichi Erikawa told The Wall Street Journal.

According to Reuters, company president Tatsumi Kimishima said on Monday: "We've boosted Switch production in order to meet strong demand from our customers as it was hard for customers to buy the consoles at retail stores".

The Switch is running circles around the Wii U.

"We've given customers a different way to play", Kimishima said. Software sales for the 3DS were also up, but not by as much, with Nintendo selling almost 8 million games.

But Nintendo appears to have learned from that experience as it prepares to roll out a mobile version of another popular game, "Animal Crossing". Further, "Super Mario Odyssey" was released last week in Japan and overseas. Gamers can expect to encounter "new experiences", he said.

Share