Nintendo holds $2.2B Q3 profit amid hot Nintendo Switch sales

BUSINESSNINTENDO SWITCH

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Nintendo Co., Ltd. this week recorded a $2.2 billion operating profit in the third quarter amid strong sales of the Nintendo Switch.

In Q3, Nintendo sold 11.6 million Nintendo Switch units, a seven percent increase from the year prior. It has sold 79.87 million Nintendo Switch units to date.

It expects to sell 26.5 million units for the fiscal year ending Mar. 31, 2021, an increase from a prior forecast of 24 million units.

Nintendo Switch software sales totaled 176.1 million units in Q3, an increase of 43 percent from the year prior. Digital software sales increased to 40.9 percent of all software sales. It has sold 532.34 million Nintendo Switch software units to date.


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