Nintendo sells 19.7M Switch Consoles In The Quarter Ending June 30, Profit Up $394.6m

The Nintendo Switch which was first announced back in October 2016 and launched in the first quarter of 2017 seems to be doing pretty well at the moment with respect to sales.  The mobile gaming console has beat its forerunner,  Wii. Nintendo sold 19.7M Switch consoles in the quarter ending June 30, with net sales of $1.513B, up 9% YoY, and profit of $394.6M, up 42% YoY. As good as the numbers look though, the company sold 1.88 million Switch consoles last quarter compared to the 2.93 million and 7.23 million sales reported in its previous two quarters. This drop is because its no longer the holidays among other factors.


This is partly due to the fact that it got some exclusive gaming content including Super Mario Odyssey, The Legend of Zelda: Breath of the Wild, Splatoon 2 and Mario + Rabbids Kingdom Battle.


Nintendo had set a target of 20 million consoles between April 2018 and March 2019 which means they have to do much more in order to hit the target even though some other exclusives like the Super Smash Bros and Pokemon Go are in the works. The hope would be that as these games are launched closer to the holiday period, sales will be on the rise.


Bloomberg reports that the company cited “especially good growth” in digital sales through the Switch’s eShop, which has a higher profit margin than cartridges sold in stores. Digital sales jumped by 68 percent from a year ago to 18.5 billion yen. They accounted for 11 percent of total revenue, double the ratio in December 2016, before the Switch went on sale.

- https://www.techbooky.com/nintendo-sells-19-7m-switch-consoles/

Comments

Post a Comment

Popular posts from this blog

How is Technology Changing Our Definition of What It Means to Be a Human?

Image
The addition of the technology in the life of the humans has affected their lives in more ways than humans can imagine. Now the humans find it hard to even imagine their lives without the existence of the technology. Spectrum Plans are loved by the majority of the residents of the United States because of the good and consistent quality at affordable rates. Where the use of the technology has changed many things about the humans, the public is wondering how the addition of the technology in everyday life of the humans has changed the definition of humans. The debate has been going on different social media platforms for a long time now. Here are some highlights of this hot debate. Connection and Freedom of the Speech With the help of the social media platforms, the majority of the individuals are connected to each other now even if they are living hundreds of miles away. The connection provides humans a chance to speak and share their ideologies and beliefs openly in front of the world
Read more

Microsoft Improves Office 365 Device Limits For Subscribers

Image
Microsoft’s Office 365 service has been a great deal for a long time, and it’s eventually getting better— Soon, Office 365 Home will let six users install an unlimited number of Office applications. In an announcement , recently made by Microsoft, currently the improvement for Office 365 users in which the Office 365 Home allows up to five users but now, what’s new is that Microsoft is raising this limit to six, so each Office 365 Home account gets an additional user. Office 365 is essentially a Microsoft Office subscription. While the family plan, named Office 365 Home, costs $100 per year. For that price, five (soon six) people can install the latest versions of Microsoft Office on their PCs, Macs, tablets, and phones. Each person gets 1TB of OneDrive storage too. Microsoft has made a few account changes that are taking effect immediately. After signing up for Office 365, all user accounts in your Microsoft Family will be automatically given access. You can manage your subscription
Read more

Instagram Adds Emoji Shortcuts For Quicker Comments

Image
If you can"t post comments without tossing in at least one emoji to make your feelings clear, you"ll be glad to know that Instagram has your back. After months of testing, Instagram has introduced an emoji shortcut bar on Android and iOS that offers quick access to your most-used icons when wading into a post"s comments. You won"t have to sift through your phone keyboard emoji selection when you want to send someone a heart touching emoji or tell them their new look is fire. The new shortcut bar is available in a post"s comments section. While typing a comment, you will be shown the set of your most-used emoji. Only the most-used emoji will be available in the shortcut bar. If you want to use a new emoji, you will have to sift through the keyboard manually. Now, you will also have new Superzoom effects to add to your Instagram stories. The new set includes a heart-filled fog with music, paparazzi camera flashes, fire with rock music in the background, a big re
Read more