Nintendo reported operating profit of 144.7 billion yen ($1.4 billion) in the April-June quarter, smashing analyst expectations.
Sales of the company's popular Nintendo Switch and Switch Lite consoles grew around 167% to 5.68 million units in the quarter.
A high school teacher plays Nintendo's Animal Crossing at home in Melbourne during the country's enforced coronavirus coronavirus lockdown.Nintendo's operating profits skyrocketed 428% in the fiscal first quarter, the company said Thursday, a wild jump that reflects just how much the video game industry has benefited from the coronavirus pandemic.
Net sales meanwhile came in at 358.1 billion yen, up an impressive 108% from the 172.1 billion yen Nintendo reported in the same period last year. Sales of the company's popular Nintendo Switch and Switch Lite consoles grew around 167% to 5.68 million units in the quarter.
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