Switch sells 52.5 million copies. Nintendo upgrades fiscal year forecast

Nintendo released its fiscal year forecast today. The company’s revenues are expected to reach $11.48 billion by March 31, which is more or less what the previous financial report predicted back in October. Its operating profit, however, is likely to hit $2.75 billion, up from the previously predicted $2.38 billion.

Mario Kart 8 Deluxe

This is powered by the success of the Nintendo Switch.  As of the end of 2019, the console’s lifetime sales had reached 52.48 million units (including 5.19 million Nintendo Switch Lite units), hitting 310.6 million Switch games sold. For comparison, Nintendo’s previous console Wii U only reached 13.56 million units sold, while Wii U software only sold 103 million copies.

Between now and March 31, 2020, Nintendo expects to sell another 19.5 million Switch, of which 5.2 million are Switch Lite units.

And here’s how individual games are performing on the platform:

• Mario Kart 8 Deluxe – 22.96 million copies
• Super Smash Bros. Ultimate – 17.68 million copies,
• Super Mario Odyssey – 16.59 million copies.
• The Legend of Zelda: Breath of the Wild – 16.34 million copies
• Pokemon Sword/Pokemon Shield – 16.06 million copies.

For the nine months ended December 31, 2019, Nintendo generated $9.39 billion in revenue, which is higher than $9.16 billion a year before.