Nintendo Profit Outlook Doubles Thanks To Booming Switch Sales

Nintendo Predicts Switch Shipments to be 16.74 Million by March 31st Forecast Sharpy Increased

Today Nintendo raised its prediction for total Switch sales over its financial year - which runs April-March - to 14 million units from an initial 10 million.

In comparison, Nintendo's previous home console - the ill-fated #Wii U - sold just 13.56 units over its entire five-year life cycle.

The signs are already promising.

So while Nintendo's Switch might not be on pace to match the Wii, which galloped to 9 million after half a year and 20 million after 12 months, it appears to be keeping pace with its contemporaries - and radically outperforming its predecessor, the Wii U.

To date, Nintendo has sold 7.63 million Switch system worldwide, including 2.92 million between July and September. Key to that may be overcoming whatever issue it is that is constraining supply on Nintendo's side. Because of this, it's no surprise folks are more receptive to Switch than they were to Wii U.

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"Thanks to our component suppliers, who even opened up new production lines for the Switch, our ability to ship the console has improved drastically", Nintendo CEO Tatsumi Kimishima said, according to The Wall Street Journal.

With Nintendo secretly adding GameCube controller support to the Nintendo Switch, many gamers took that as a signal that the fighting game was finally coming to the hybrid console. "We've boosted Switch production to meet strong demand as it was hard for customers to buy the consoles at retail stores", he said (as quoted by Reuters). Zelda managed to sell 4.7 million copies, Mario Kart 8 sold 4.42 million and Splatoon 2 managed to sell 3.61 million copies since launch. Software sales for the 3DS were also up, but not by as much, with Nintendo selling almost 8 million games.

The report also includes details on the Switch's top-selling games to September 2017.

"The true power of the Switch would be tested during the upcoming holiday season".

Nintendo's past struggles in the gaming market had been due to users flocking towards new mobile-based games, rather than consoles.

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