Nintendo Profits Skyrocket 121 Percent On Blockbuster Switch Sales

Software sales, meanwhile, grew 14 per cent year-on-year, to 55.08m units.

"We have done a lot of things to raise awareness about how the Switch experience can offer something new, and I am just relieved that consumers seem to have accepted it", Nintendo president Tatsumi Kimishima told the Wall Street Journal. The 3DS saw a 7% increase from the previous year, with Pokemon Go leading a bulk of those sales.

Aside from these games, Ratalaika Games have a number of games out on other systems and they have confirmed they are looking at porting those to Switch as well, so be on the lookout for future announcements regarding these titles as well. Nintendo expects to sell 10 million units for the current financial year.

Operating profit is expected to more than double, with sales rising 53.3 percent, driven largely by Switch and Nintendo 3DS games as it also continues to explore the smart phone game market, the company said.

As a result of this early success, Nintendo has set a confident projection for fiscal year 2018.

But before Nintendo's unique and hugely well-praised take on open world adventure took form in three dimensions, the team tested out its ideas in a much more pared-down manner, the game's directors subsequently explained.

Nintendo expects 35 million copies of Switch games, including those from other publishers, to be sold in the 2017 fiscal year. "Not only is it a fantastic game, but it's one that directly appeals to Nintendo's loyalest fans", reports Business Insider. Both of these games were released at the same time as the hardware.

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For example, the Wii U started out by selling approximately 890,000 in the first six weeks after the launch. "If the 10 million target is achieved. that means the sales momentum would be close to the Wii", Nintendo's most successful console ever. Ultimately, though, supply will catch up with demand, and at its base price Switch is worth it, especially for families, but you need to consider the true cost before buying the console.

The big question mark is on holiday 2017, when Nintendo plans to release Super Mario Odyssey. In addition, we will maintain favorable conditions surrounding Nintendo Switch by providing a continuous stream of appealing third-party titles across varying genres.

This is the first official figure that Nintendo released for Switch sales, and the console units sold also fueled good game sales.

Do you think that upcoming games will determine hardcore gamers to purchase the new console from Nintendo?

The Japanese firm entered the mobile gaming market past year to the relief of shareholders fretting about diving console sales. This was a start, but it's arguable that things didn't really kick off until the eShop came to fruition on 3DS and Wii U. There are a number of fantastic indie titles that have been released across both systems, but there's also a good amount of shovelware that found its way onto the digital storefront.

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