KXIP vs KKR Live Score

Software sales for the Nintendo Switch since launch are equally impressive, according to the company's first quarter financial results released today.

Thus, Nintendo Switch managed to sell 1.97 million units during the quarter that began on April 1 and ended on June 30.

Overall, the Switch and its software sales drove good numbers for Nintendo, including $578 million in gross profit, and $145 million after expenses, vs. a $46 million operating deficit for the same period previous year.

Previously, Nintendo said it expects to sell 10 million units of the console before the year is out, and 13 million by April 2018. Indeed, Nintendo's new fighting game outsold The Legend of Zelda: Breath of the Wild, which shifted another 1.16m units worldwide.

We also got updates for the other Nintendo consoles, with the 3DS reaching 67.08 million units with 335.10 million software units.

The take out of all of this, there still aren't enough Nintendo Switch consoles to satisfy demand, with Nintendo promising to increase production to meet that demand, especially in Japan.

With more than £1bn in earnings, it's Nintendo's most profitable first quarter since 2011.

The challenge for Nintendo has been to keep the sales momentum going for new consoles, as they are snatched up in the initial years, but then interest tends to wane. The company has seen revenue of 164.07 billion yen ($1.37 billion). If it were to reach that number, then that means it would have almost matched the Wii U's lifetime sales in just one year.

Its Splatoon 2 has just gone on sale and "Super Mario Odyssey" for the Switch will launch in October.

What's especially interesting to note is that the PlayStation 4, which has been out for nearly four years, just recently surpassed 5 units sold in Japan.


COMMENTS