Nintendo profits jump 200% as Switch sales continue to sizzle

The Kyoto-based firm said that operating profit for the first half of the fiscal year, which ended in September, soared 209% to 291.4 billion Japanese yen ($2.8 billion) compared to the same period the year before. Sales climbed 73% to 769.5 billion yen ($7.4 billion).

The success shows that months into the pandemic, people are still turning to the Switch game console in droves. Nintendo sold about 12.5 million of the devices from April through September, an 81% increase over the previous year.

“Strong sell-through momentum continues even after the summer sales season,” Nintendo noted in a presentation to investors.

The firm on Thursday hiked sales projections for the Switch, predicting a jump through the financial year ending in March. It now expects to sell 24 million units, up from the 19 million previously forecast. The company’s profits are expected to surge by as much as 50%.

One notable success
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