Tags: APFN | AS | Japan | Earns | Nintendo

Nintendo Quarterly Profit up on Switch Console, Game Sales

Tuesday, 30 October 2018 05:37 AM

TOKYO (AP) — Nintendo Co., the Japanese video-game maker behind the Super Mario and Pokemon franchises, has recorded a 12 percent gain in its profit in July-September on the back of healthy Switch console sales.

Nintendo said Tuesday that it logged a 34 billion yen ($301 million) profit in the last quarter, up from 30 billion yen a year earlier. Quarterly sales rose to 221 billion yen ($2 billion) from 220 billion yen.

Sales of Switch software, including "Mario Kart 8 Deluxe," ''Splatoon2" and "The Legend of Zelda: Breath of the Wild," were strong, the Kyoto-based company said.

More Switch game-software products, like "Pokemon: Let's go, Pikachu!" will go on sale ahead of the holidays.

Switch machines sales in April-September totaled 5 million units, up nearly 4 percent from a year earlier.

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Nintendo Co., the Japanese video-game maker behind the Super Mario and Pokemon franchises, has recorded a 12 percent gain in its profit in July-September on the back of healthy Switch console sales.Nintendo said Tuesday that it logged a 34 billion yen ($301 million) profit...
APFN,AS,Japan,Earns,Nintendo
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2018-37-30
Tuesday, 30 October 2018 05:37 AM
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