Nintendo Raises Profit Predictions After Another Successful Quarter for Switch Sales

3 years 6 months ago
The Nintendo Switch continues to sell incredibly well according to the company’s latest financial briefing. The Switch has now surpassed lifetime sales for the NES, and Nintendo has updated its financial forecast to show a 50% profit increase by the time the fiscal year ends. Nintendo shipped 6.86 million Switch consoles in the previous fiscal quarter (for a total of 68.30 million units) which continues a strong trend for Nintendo since the start of the fiscal year. The continued success of the Switch has allowed Nintendo to raise its profit forecasts from 300 billion yen to 450 billion yen. An increase of 50%. In software, Animal Crossing: New Horizons has continued to sell well, becoming the second best-selling Nintendo Switch game at 26.04 million copies. It trails only Mario Kart 8 Deluxe and has overtaken games like Super Smash Bros. Ultimate and The Legend of Zelda: Breath of the Wild. Overall, Nintendo has sold 456.49 million games for Switch so far, more than Nintendo 3DS and Wii U life-to-date, respectively. Recent software releases have also done well, such as Super Mario 3D All-Stars which has sold 5.21 million units since its September release date. See: The Top 10 Best Selling Switch Games (first-party, worldwide). [ignvideo url="https://www.ign.com/videos/2020/10/28/hyrule-warriors-age-of-calamity-official-demo-trailer"] Nintendo predicts it will sell 24 million Switch consoles this fiscal year, showing the system succeeding even amidst a new console generation from Xbox and PlayStation. The company’s holiday plans are reliant on software like Hyrule Warriors: Age of Calamity and physical products like the collectible Game & Watch and Mario Kart Live. For other hardware news from the big three, check out IGN's Xbox Series X review. [poilib element="accentDivider"] Matt T.M. Kim is a reporter for IGN.
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Matt T.M. Kim

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