Nintendo hikes profit forecast as age-old Switch console still popular among gamers
Nintendo boosts its operating profit forecast by 11% to $3.32 billion for fiscal year ending March, fueled by continued popularity of its aging Switch console.
Source: Nintendo
Extended Switch Lifecycle: The Kyoto-based gaming company extends the lifespan of the Switch, now in its seventh year, through a series of impactful games, maintaining its broad appeal.
Source: Nintendo
Sales Performance: Nintendo sells 6.84 million Switch units in the first six months of the fiscal year, a slight increase from the previous year's 6.68 million units during the same period.
Source: Nintendo
Critical Acclaim for Titles: Critically acclaimed game releases this year include "The Legend of Zelda: Tears of the Kingdom" and "Super Mario Bros. Wonder."
Source: Nintendo
Pop Culture Success: Nintendo's success extends beyond gaming with a hit Super Mario Bros. movie, showcasing its broad pop culture influence.
Source: Nintendo
Year-End Outlook: Nintendo maintains its full-year console sales forecast at 15 million units, anticipating boost during critical year-end shopping season with release of "Super Mario RPG".