August 6, 2020 07:57 am
Photo by James Bareham / The Verge
Original Link: https://www.theverge.com/2020/8/6/21356750/nintendo-earnings-q1-2020-switch-animal-crossing-sales
Animal Crossing catapults Nintendo to stratospheric earnings
Photo by James Bareham / The Verge
Nintendo has posted extraordinarily high earnings for its normally quiet April-June quarter, as Animal Crossing: New Horizons continues to be a sales juggernaut that drives Switch hardware purchases.
Operating profit is up 428 percent year-on-year to 145 billion yen ($1.37 billion) off 357 billion yen ($3.39 billion) in revenue, with Switch sales up 166 percent to 5.68 million systems in the quarter. Nintendo has now shipped 61.44 million Switch consoles, just 470,000 shy of the original Famicom/Nintendo Entertainment System.
Animal Crossing: New Horizons sold more than 10 million units in the quarter, bringing its total sales up to 22.4 million. Nintendo says that of all the new Switch consoles that were played for the first time this...
Original Link: https://www.theverge.com/2020/8/6/21356750/nintendo-earnings-q1-2020-switch-animal-crossing-sales
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