Wednesday, July 26, 2017

News:: Nintendo continues to flourish with strong Switch sales

With the Switch riding high and the beleaguered Wii U all but retired, Nintendo's accounts are looking a little brighter than usual. The Japanese console maker posted some strong financial earnings today for the three-month period ending on June 30th, with 64.73 billion yen ($578 million) in gross profit and, with the usual operating expenses deducted, 16.21 billion yen ($145 million) in operating profit. That's in stark contrast to a year ago, when Nintendo posted a pretty dismal 30.5 billion yen ($272 million) in operating profit and lost 5.13 billion yen ($46 million) overall.

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