Nintendo continues strong Switch sales momentum ahead of new models’ release

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Photo by Amelia Holowaty Krales / The Verge

Nintendo has now sold 36.87 million Switch consoles after moving 2.13 million units in the April-June quarter, a 13 percent increase year on year. Operating profit for the three-month period was down 10.2 percent year on year to 27.4 billion yen ($252 million), while revenue was up 2.4 percent to 172 billion yen ($1.58 billion).

Nintendo has reason to be optimistic about Switch hardware sales over the next few months. August sees the release of a tweaked model with longer battery life, while in September the company is launching the Switch Lite, a significantly cheaper handheld-only version.

The $199 Switch Lite will be an important device for Nintendo, because its other entry-level option is essentially dead. The company shipped just...

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source https://www.theverge.com/2019/7/30/20746721/nintendo-earnings-q1-2019-switch-sales

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