Nintendo is closing in on 20 million sales of its Switch portable gaming console. The Japanese video game company has sold over 19.67 million units of Switch since the launch of the product.
Nintendo reported that it sold 1.88 million Switch consoles during the last quarter. The sales, however, pale in comparison to the 2.93 million and 7.23 million sales reported by the company in the previous two quarters. The slowdown should not come as a surprise considering the device has aged since its launch and there are even chatters of Nintendo coming up with an updated model later this year. Nintendo, which was on the brink of losing out of business, has made a significant comeback with the Switch.
The console has already outsold its predecessor, the Wii U, which brought financial distress to the company. The success of Nintendo Switch can also be attributed to a catalogue of exclusives including Super Mario Odyssey, The Legend of Zelda: Breath of the Wild, Splatoon 2, and Mario + Rabbids Kingdom Battle. For Nintendo’s investors, the Switch is not only a successful product, but also delivers revenue.
During the quarter earnings, the company reported revenue of 168 billion yen, which is up from 154 billion yen reported during the same quarter last year. The operating profit hit 30.5 billion yen for the company, which is again up from 16.2 billion yen in Q1 2017. Nintendo also revealed some sales figures for software sales during the quarter. It announced that cardboard-centric Nintendo Labo has sold 1.39 million units since its launch in April. The Japanese company moved 1.4 million units of Donkey Kong Country: Tropical Freeze while Mario Tennis Ace sales reached 1.38 million. Game titles like Animal Crossing: Pocket Camp, Super Mario Run, and Fire Emblem Heroes were able to bring in 9 billion yen during the quarter.
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Nintendo plans to launch Dragalia Lost, its new mobile RPG title this summer, while Mario Kart Tour will follow later in this financial year. Nintendo had predicted that it will sell 20 million units of Switch consoles between April 2018 and March 2019. While the numbers announced today are not overwhelming but it sounds plausible if Nintendo brings in new game titles or launches an updated model to attract new customers.