The latest Nintendo financial results are in and while annual profits are up for the Kyoto-based company, the Nintendo Switch has not managed to achieve the company’s two year sale-projection. As it stands the company has sold a total of 36.9 million units. Software sales for the Nintendo Switch have been extremely promising though. Sony also revealed today that their PlayStation 4 system has now sold over 100 million units. So it’s all good news for the video game industry as a whole. Here’s the details:
Net revenue climbed 2.4% for the period to ¥172,111 million ($1.58 billion) from ¥168,157 million ($1.54 billion) yen. However, operating profit took a hit, falling from ¥27,428 million ($253 million) to ¥30,535 million yen ($281 million).
Games Industry
When I think about how much money video game companies make, it makes me feel sick inside.
They’re also equally expensive to produ- oh, wait, nevermind, it’s just you again.
Well then, definitely don’t think about how much pharmaceutical companies make!
Bro, pick your battles. That’s so far from being personally important its insane.
When work is put into a form of art, the artists behind that work should be paid.
The more promising Nintendo Switch is gonna keep continuing boosting sales, the more consumers they are gonna bring in for there latest console. I don’t know about you, but I’m still predicting Nintendo Switch will make a full impact soon late this year on its sales and on Nintendo’s financial profits.
This was a really bad take
This sentence is incorrect…However, operating profit took a hit, falling from ¥27,428 million ($253 million) to ¥30,535 million yen ($281 million).
Ok. So all that revenue earned so why is it Nintendo doesn’t make sequels immediately?
I wonder if PS4 would be over 100m if they never released the Pro. *shrug* Doesn’t really matter at this point. Not like I can travel to another reality to see how things might have been different.