Nintendo Switch experiences increase in sales, but Nintendo quarterly profits are down 10 percent

Nintendo Switch has experienced a significant increase in sales, but Nintendo’s quarterly profits overall are down 10 percent. Read on below for more insight from the folks at GamesIndustry.biz:

“Net revenue climbed 2.4% for the period to ¥172,111 million ($1.58 billion) from ¥168,157 million ($1.54 billion) yen. However, operating profit took a hit, falling from ¥27,428 million ($253 million) to ¥30,535 million yen ($281 million).

“Meanwhile, the slow demise of the 3DS continues unabated, with both hardware and software sales falling by nearly 50% year-on-year.

“Despite only being launched in December last year, Super Smash Bros. Ultimate already boasts sales just shy of 15 million, while Switch launch title The Legend of Zelda: Breath of the Wild has sold 13.6 million units. Finally, Pokémon Let’s Go posted total sales just short of 11 million.”

Source: GamesIndustry.biz

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