Nintendo's Quarterly Sales Fell, but Net Profit Rose

Another gaming company has published a financial report. Next up is Nintendo, which earned $2.3 billion in sales for the quarter.

The publisher’s sales fell by 4.7%.

▪️Net profit increased by 28.3% to $892 million.

In April-June, Nintendo sold 3.43 million Switch consoles (-22.9%).

▪️The number of Switch games sold during the quarter is 41.41 million (-8.6%).

In total, to date, Nintendo has sold 111.08 million Switch consoles and 863.59 million copies of games for them.

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Nintendo 1st Quarter of Fiscal Year Ending March 2023
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