Nintendo's quarterly profit rises on hit Switch games - InfoNews

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Nintendo's quarterly profit rises on hit Switch games

In this June 19, 2018, photo, a logo of Nintendo hangs at Panasonic center in Tokyo. Nintendo, the Japanese video game maker behind the Super Mario and Pokemon franchises, is reporting a 25 percent jump in fiscal third-quarter profit, boosted by the popularity of games for its Switch console. (AP Photo/Koji Sasahara)
January 31, 2019 - 12:38 AM

TOKYO - Nintendo, the Japanese video game maker behind the Super Mario and Pokemon franchises, is reporting a 25 per cent jump in its fiscal third quarter profit, boosted by the popularity of games for its Switch console.

Nintendo Co. reported on Thursday that its October-December profit was 104.2 billion yen ($956 million), up from 83.7 billion yen a year earlier.

Quarterly sales totalled 608.4 billion yen ($5.6 billion), up 26 per cent.

Among the hit software for Switch was "Super Mario Bros. Ultimate," whose sales have totalled 12 million units since it went on sale in December.

The popularity of such games helped drive Switch machine sales during the holiday shopping season, the company said.

The Switch is a hybrid game machine that works both as a console and a tablet.

News from © The Associated Press, 2019
The Associated Press

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