Hot Switch sales boost Nintendo sales, trim quarterly loss

Meanwhile, the Nintendo 3DS sold 7.27 million units with a 7% increase on a year-per-year basis.

For the 12-month period beginning this month, Nintendo expects to see operating profit of Yen65 billion yen ($585 million) on revenue of Yen750 billion, the company said. That forecast is less than analysts were expecting.

Nintendo says the success of its new Switch console will help it to double annual profits.

And because - unlike Sony and Microsoft - Nintendo relies on games and consoles for nearly all its sales, it is arguably more vulnerable to this trend.

The report also revealed that The Legend of Zelda: Breath of the Wild sold 3.84 million units since its launch on 3 March alongside the Switch, including 2.76 million units sold for the new console alone. The sales volume for hardware and software during this period reached 2.74 million units and 5.46 million units respectively. Despite these prospects, some analysts believe that the Nintendo Switch will face strong long-term sales. The number does not even factor in sales of the game on the Wii U, which, if added, total to 3.84 million copies.

It's been a good year for 3DS, however, as sales of hardware grew 7% year-on-year, shifting 7.27 million units, while software sales hit 55.08 million units (a 14% rise on last year).

Le Pen, Macron ahead in French presidential vote, partial official figures show
A Harris survey taken on Sunday indicated Macron would win by 64 percent to 36 percent for Le Pen. Reaction on financial markets overnight also indicated positive reaction to the result.

For Wii U, the system sold 760,000 units during the fiscal year, down 77 percent year-over-year. Super Mario Run was also mentioned, but no numbers were listed for the game. Furthermore, we released Fire Emblem Heroes, a full-fledged simulation RPG game application that can be enjoyed casually on smart devices, in February.

Video game stories from other sites on the web.

Amiibo shipped 9.1m figures and 9.3m cards during the year. Third-party developers have also announced major titles for Nintendo 3DS.

The projected Yen65 billion operating profit, if realized, would be the highest since the year ending March 2011. Overall profit was ¥102 billion yen, which is up 521.5 percent, but this includes the vast amount of money Nintendo made from selling the Seattle Mariners. It plans to release titles featuring its classic Mario character and an addition to its highly popular Splatoon series by the end of this year. The Switch is Nintendo's fastest selling console of all time.

By launching earlier in the year, though, Nintendo could be positioning itself for even stronger holiday sales. In the 2017 fiscal year the company will be trying to maintain the platform's momentum and seek to appeal to broader audiences, such as "females and children".

Related News:

  • Prominent firm to defend 'Bachelor' star in Iowa crash case

    Prominent firm to defend 'Bachelor' star in Iowa crash case

    Regardless, we're sure the victim ( Kenneth Mosher)'s family would like some answers about what exactly caused this fatal crash. Officers have searched for him and he was in no point of cooperating with the law enforcers with the investigation.
    FCC Chief Lays Out 'Net Neutrality' Rules Rollback

    FCC Chief Lays Out 'Net Neutrality' Rules Rollback

    Pai in a speech at Washington's Newseum sketched out a plan to untangle the 2015 "net neutrality" rules that classified the. Like Pai, they argue that the stricter FCC oversight enabled by the Title II classification is unnecessary to enforce them.
    Browns zero in on No. 1 pick, trade for veteran QB unlikely

    Browns zero in on No. 1 pick, trade for veteran QB unlikely

    The Cleveland Browns now own the number one pick, and Cleveland taking a quarterback could be a possibility. "We prepare a lot". There have been a lot of rumors that the Browns love Mitchell Trubisky and they are willing to make the trade.
  • Verizon Wishes They Had First Quarter Earnings Like T

    Verizon Wishes They Had First Quarter Earnings Like T

    The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website . Following the sale, the insider now directly owns 372,718 shares in the company, valued at approximately $23,917,314.06.
    Taco Bell To Sell Beer

    Taco Bell To Sell Beer

    To keep up the pace, it wants to reinvent the way its customers, particularly millennials , experience dining in its restaurants. But we'd recommend checking the Taco Bell site , Open Table's South Orange County page and social media on May 5 for the link.
    SNES Mini Reported To Be On Its Way

    SNES Mini Reported To Be On Its Way

    SNES Classic Edition has so many great titles to choose from that makes the anticipation of its arrival much more exciting. Moreover, the NES Classic Edition was also reportedly sold for $400, which is nearly the retail value of Nintendo Switch .
  • Tennessee teacher planned to take 15-year-old girl to Mexico

    Tennessee teacher planned to take 15-year-old girl to Mexico

    Super 8 motel records showed that Cummins stayed for awhile in Oklahoma City and Guymon, Okla., the complaint said. The charge carries a statutory mandatory minimum sentence of 10 years and up to life in prison.

    Sisi in Riyadh to patch-up Saudi-Egypt rift

    Bloomberg News said from July the Saudi government planned to impose a levy on foreign workers with dependents. Last April, the Saudi king visited Egypt and they concluded the demarcation deal during official meetings.
    Janet Jackson reportedly wants nothing from former billionaire beau Wissam Al Mana

    Janet Jackson reportedly wants nothing from former billionaire beau Wissam Al Mana

    To the most lovely person in the world, thank you for your divine love , your eternal support and for being my best friend. It makes you think about what's working and what's not. "She's so happy with her baby and that's all she is focused on".
  • Blocked again: Federal judge halts Trump's order on sanctuary cities

    If Justice Department lawyers lose the case before the left-leaning appeals court, they can ask the Supreme Court to weigh in. The suit had been brought by the city and county of San Francisco and Santa Clara County.
    State Department websites promote Trump's Mar-a-Lago resort, sparking ethics concerns

    State Department websites promote Trump's Mar-a-Lago resort, sparking ethics concerns

    A State Department spokesman said he was not aware of the webpage when asked about it. Following the election, the resort's membership initiation fee doubled to $200,000.
    Trump says 'massive tax cut' plan coming as soon as Wednesday

    Trump says 'massive tax cut' plan coming as soon as Wednesday

    Trump's order directs Mnuchin to determine if the authority could lead to costs for the Treasury, and hence to taxpayers. The presidential order asks Mnuchin to review the tax regulations imposed by President Barack Obama in 2016.


Most liked

BlackBerry smartphone with physical keyboard will be sold in Canada next month
Originally slated to launch by the end of this month, the Android-powered KEYone, will now arrive in the USA starting on May 31. Plus, BlackBerry has added its own security features features, making the phone secure compared to any other Android device.

Kia Motors signs MoU with AP govt for auto manufacturing unit
Hyundai Motor was also hit by massive recalls it estimated to cost around 200 billion won ($178 million) during the first quarter. The country is expected to emerge as the third biggest market in the world by 2020, with annual volume of five million units.

NJ church gets offspring to replace now-dead 600-year-old tree
Basking Ridge, New Jersey bid farewell to the 600-year-old tree on Monday due to its old age, according to local media reports. The 600-year-old White Oak that has stood in Bernard, New Jersey since long before the USA was formed is now being cut down.

LEADING OFF: MLB sorts out trouble in Baltimore, Minnesota
Red Sox: 3B Pablo Sandoval was placed on the 10-day DL with a sprained right knee, a move retroactive to Monday. On Friday night at Camden Yards, Machado made a late slide that injured Boston second baseman Dustin Pedroia .

Police release 911 call 'Bachelor' Chris Soules made after deadly traffic crash
Soules has since served as a spokesman for various agricultural interests and worked in farm real estate and investing. Soules gained fame on the television show "The Bachelor" and later on "Dancing With The Stars".

Caitlyn Jenner tells all in new memoir
The sisters have reached the conclusion that the former Olympian is using a hard situation to get more publicity. She was re-assigned back to the Kardashians' circus of a show.

French Presidential Front-Runner Reportedly Hit By Russia-Linked Hackers
She said that the attempts were "absolutely not successful" at accessing campaign workers' passwords to retrieve their email. Macron, who won the first round of France's presidential election on Sunday, will face Le Pen in a runoff on May 7.

A clear choice for French voters
Le Pen has a law degree, speaks coherently and has well-thought-out programs, whether one agrees with them or not. Hollande said the far-right would "deeply divide France" at a time when the terror threat requires solidarity.

This is Google's latest effort to fight fake news
Google is also changing the signals it uses to directly influence rankings, with an eye towards pushing low-quality content down. Google's featured snippets have in recent months sourced results from sites that traffic in conspiracy theories and hoaxes.

Australia High Commission holds ANZAC Day commemoration service in Dhaka
In Australia, football is often played on Anzac day to remember how soldiers would play the game to keep their spirits up. He continued: "May we, on this Anzac Day, look back on their exceptional courage, endurance, dedication and sacrifice".

Honeywell Boosts Low End Guidance As Q1 Results Top Expectations
The conglomerate reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.62 by $0.04. Also, Performance Materials and Technologies' sales during the quarter came in at $2,069 million, down 9.3% year over year.

Amber Heard sparks Musk dating rumours
The cute photo was captioned " Cheeky " and sees the pair sitting at a dinner table with Elon's cheek covered in lipstick. Amber Heard is in Australia for the shooting of DC Comics movie Aquaman .

'Fate of the Furious' tops box office as 'The Promise,' 'Unforgettable' bomb
Warner Bros.' " Unforgettable " seems to have slipped audiences' minds, earning $4.8 million in its first weekend from 2,417 theaters.

Federal Judges Find That Texas Discriminated Against Minority Voters
In a long-awaited ruling, the San Antonio-based panel found that lawmakers in 2011 either violated the U.S. Paxton and Republicans are now forced to keep defending major voting laws Texas signed by then-Gov.

SC allows NDMC to e-auction Taj Mansingh hotel
The Indian Hotel Company (IHCL), which manages the property popularly known as Taj Mansingh, will take part in the e-auction. The home ministry later said that such an arrangement would lower the potential proceeds from an auction.