NINTENDO PROFIT ZOOMS AS VIRUS HAS HOMEBODIES PLAYING GAMES
Techlife News|Techlife News #458
NINTENDO PROFIT ZOOMS AS VIRUS HAS HOMEBODIES PLAYING GAMES
Nintendo Co.’s profit multiplied more than sixfold in April-June as people stuck at home during the pandemic turned to playing video games.

The Japanese manufacturer of Pokemon and Super Mario games, as well as the Switch console, reported Thursday a profit of 106.4 billion yen ($1 billion) in the fiscal first quarter, up from 16.6 billion yen last year.

Quarterly sales at Kyoto-based Nintendo jumped, doubling to 358 billion yen ($3.4 billion) on-year.

Especially popular was “Animal Crossing: New Horizons,” of which 10 million were sold during the three months, reaching cumulative sales of 20 million. Also popular was “Mario Kart 8 Deluxe.”

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Techlife News #458