INSUBCONTINENT EXCLUSIVE:
Nintendo released its latest earnings report today and the headline is that the company has now sold nearly 20 million Switch consoles
The actual number is 19.67 million as of the end of June, so add July sales and the 20 million milestone is likely to have already been hit
Either way, it has easily surpassed its predecessor, the much-maligned Wii U.
Overall, the business recorded a 30.5 billion JPY ($275
million) operating profit, up 88 percent year-on-year, as revenue grew 9 percent to reach 168 billion JPY, or $1.5 billion.
The Japanese
firm sold 1.88 million Switches in the most recent quarter, which is actually down from 1.97 million one year ago, although this quarter
tends to be a slow one ahead of the holiday season
That slip was made up for on the software side assales of Switch games jumped from 8.1 million last year to 17.96 million in the most recent
Nintendo has a bunch of new titles incoming — includingSuper Smash Bros
Ultimate and two Pokémon titles — while its Nintendo Switch Online service is due to launch in September so there plenty more to come
That said, Nintendo has some work to do if it is to hit its target of 20 million Switch sales during the current financial year.
Elsewhere,
Nintendo said it sold 1.26 million of the NES Classic Edition when it was relaunched in June, while it sold 1.39 million Labo kits for the
Switch.
The companies mobile gaming business continues to do well, grossing nine billion JPY, $81 million, in the quarter
That likely to spike when the company introduces Mario Kart Tour (huzzah!) and new title Dragalia Lost for mobile before March 2019
Although Nintendo suggested that the pipeline for new mobile games will slow once these two new arrivals are released.
