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May 7, 2021 05:26 am GMT
Original Link: https://www.techpowerup.com/281894/nintendo-reports-impressive-switch-sales-figures-profit
Nintendo Reports Impressive Switch Sales Figures & Profit
Nintendo has recently posted its FY2021 results which show extremely impressive sales and profit figures for their flagship Nintendo Switch console. The Nintendo Switch has now sold 84.59 million units over its lifetime which places it above the Game Boy Advance and puts it closer to reaching the Wii at 101.63 million units sold. In FY2021 28.84 million units were sold representing a 37% increase from FY2020, these impressive sales numbers resulted in hardware profits of 8.2 billion USD which accounted for 57.2% of total gaming earnings. The Nintendo Switch is unique in this regard as it is the only major console to have profitable hardware sales whereas the Xbox Series X/S and PlayStation 5 are all sold at a loss. Nintendo intends to maintain this momentum with forecasted sales of 25.50 million units in FY2022 which would make the Nintendo Switch the second best-selling Nintendo console of all time only behind the original Game Boy at 118 million units.
Original Link: https://www.techpowerup.com/281894/nintendo-reports-impressive-switch-sales-figures-profit
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