Nintendo hikes sales forecast of Switch console to 15.5 million units


Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.

Charly Triballeau | AFP | Getty Images

Nintendo said on Tuesday it now expects to sell 15.5 million of its flagship Switch consoles in its current fiscal year, upping a previous forecast, after it beat market expectations for December quarter profit and revenue.

The Japanese gaming giant previously forecast sales of 15 million Switch consoles in the current fiscal year which ends in March.

Here’s how Nintendo did in its fiscal third quarter, from October to December, versus LSEG estimates:

  • Net sales: 598.6 billion Japanese yen ($4 billion) versus 568.7 billion yen expected
  • Net profit: 136.7 billion Japanese yen versus 130.3 billion yen expected

Net sales fell 6% year-on-year while net profit rose 18%.

Switch boost

Nintendo Switch successor in focus

[colabot6]

Leave a Comment

Your email address will not be published. Required fields are marked *