Nintendo the gamemaster

Nintendo continues to be the game master

Nintendo reported better-than-expected sales and profit for fiscal Q2 on Tuesday 6th November 2023 as it continues to benefit from the Zelda game released this year and from the Super Mario Movie.

Nintendo said it sold 6.84 million Switch consoles in the April to September period, up 2.4% year-on-year. The company maintained its forecast for 15 million Switch unit sales. The Nintendo Switch is 6 years old – pretty good going for an old console.

Nintendo raised its sales and profit forecast for its current fiscal year. Nintendo’s revenue fell 4% year-on-year and its profit dropped 19%.

Sales in the first half of the fiscal year were the largest since the launch of the Switch, Nintendo reportedly said in a statement.

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