Switch Helps Nintendo Half-Year Net Profit Soar


The Nintendo Switch is on track to be more successful than its predecessor console, the Wii U, by leaps and bounds.

Nintendo raised its operating profit outlook to 120 billion yen ($1.1 billion) from 65 billion yen for the current fiscal year from March.

The new Super Mario game has folks considering the Nintendo Switch. Nintendo also bumped up its revenue forecast from 750 billion yen (~$6.6 billion) to 960 billion yen (~$8.5 billion).

Switch owners will be able to download Rocket League via Nintendo's eShop for $20.

Over seven million Nintendo Switch consoles have been shipped during its first six months, with the company predicting the same again by the time its home and portable hybrid console reaches one year old.

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Before launching the Switch in March, Nintendo found itself losing gaming enthusiasts to Sony's PlayStation 4, which boasts lifelike graphics, and smartphones, which can be played anywhere.

"We've boosted Switch production to meet strong demand as it was hard for customers to buy the consoles at retail stores." .

By November 2014, the PlayStation 4 was on 14.4 million sales, with shipments confirmed at 19.9 million by the end of the year. Motion sensors in the controllers direct in-game movements.

Nintendo attempted that feat with the Wii U, whose primary controller came with an embedded touchscreen. On the other hand, in just six months, Switch sales have already attained the figure of 7.63 million.

But last year's mobile game phenomenon "Pokemon Go" which was developed by Niantic and licensed characters from The Pokemon Company, which Nintendo has a stake in, was released to great global success. It's a good year to be a Nintendo investor! Gamers can expect to encounter "new experiences", he said.