Breaking News

Club3D announces new Qi2 products for 2026 LIAN LI Launches Vector V100 MINI Compact mATX Case Starting at $49.99 GAMEMAX Unveils NEX C56 and NEX C56 VC Dual-Chamber Cases ASUS Announces ProArt PF120 Case Fan ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus

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

Club3D announces new Qi2 products for 2026
Consumer Electronics

Club3D announces new Qi2 products for 2026

LIAN LI Launches Vector V100 MINI Compact mATX Case Starting at $49.99
Cooling Systems

LIAN LI Launches Vector V100 MINI Compact mATX Case Starting at $49.99

GAMEMAX Unveils NEX C56 and NEX C56 VC Dual-Chamber Cases
Cooling Systems

GAMEMAX Unveils NEX C56 and NEX C56 VC Dual-Chamber Cases

ASUS Announces ProArt PF120 Case Fan
Cooling Systems

ASUS Announces ProArt PF120 Case Fan

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus
Enterprise & IT

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

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