Nintendo Releases Stunning Third Quarter Financial Results, Confirms Switch Sales Have Overtaken Wii U
"The figures show a company in rude health, with net sales up 175.5 percent year-on-year at ¥857,012 million. Operating income also takes a big bump, rising a whopping 494.6 percent year-on-year to ¥156,462 million. Profit - arguably the most important figure - sees a more modest jump, rising 31.3 percent to ¥135,165 million.
The success of Switch is the key driving force behind the results, as you might imagine. Nintendo sold 7.24 million consoles during the last quarter - that's 12.13 million in this financial year to date (2017/2018) and a staggering 14.86 million in total since it launched in March last year. In terms of distribution, 3.72 million consoles have been sold in Japan, 5.94 million in the Americas and 5.2 million in "other", which includes Europe. Nintendo has increased its hardware sales forecast to 15 million units, up from 14 million.
In terms of software sales on Switch, 25.08 million games were sold in the last quarter, bringing total sales to 47.1 million (in this financial year) and 52.57 million to date. Again, Nintendo has increased its projections, stating that it expects to sell 53 million games this financial year. It's worth noting that these figures only count digital software that has a retail version."
Nintendo Switch Online Service Will Go Live This September
"The Nintendo news is coming thick and fast in the early hours of this morning, with Nintendo confirming that the long-gestating Nintendo Switch Online service will launch in September 2018. Earlier this month a posting on the official Nintendo website seemed to reveal the service would be delayed until 2019, but a quick correction re-confirmed its arrival for this year.
The service will cost $19.99 for an annual subscription, with options for a monthly subscription ($3.99) and a three-month setup ($7.99). As detailed before, the service will include access to a Classic Game Selection including Super Mario Bros. 3, Balloon Fight and Dr. Mario (although these titles could change between now and launch)."
[ http://www.nintendolife.com/news/2018/02/nintendo_switch_online_service_will_go_live_this_september ]
Mario Is Heading To The Silver Screen, With Help From The Studio Behind Minions
"Nintendo has dropped a ton of new announcements today - including the official launch date for Nintendo Switch Online and the announcement of the Mario Kart Tour mobile title - and now it's confirmed it's partnering with Illumination to make a brand new Mario film.
Illumination is the same studio that brought the world the gift/curse that was the Despicable Me trilogy and Minions so clearly Nintendo is hoping for similar box office success when the mustachioed plumber returns to the big screen. Hollywood producer Chris Meledandri will co-produce alongside Shigeru Miyamoto himself, so Mario fans can breath a sigh of relief that the cap-flinging star won't be heading to tinseltown alone."
Raise The Chequered Flag Because Mario Kart Tour Is Racing Onto Mobile Soon
"Nintendo has just unveiled its next plan to take over the smartphone market, and it's bringing karts, shells and coins to the party. Mario Kart Tour is the name of the new mobile title, with Ninty confirming it'll be hitting a handset near you sometime in FY 2018/2019 (so that means it'll arrive any time between April 2018 and March of next year)."
Last edited by Raven - on 31 January 2018
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