Japan's Nintendo Co Ltd on Thursday reported a more than five-fold jump in quarterly profit, driven by breakout demand for its Switch device and hit title 'Animal Crossing: New Horizons' as the coronavirus lockdown lifts the games industry.
TOKYO - Japan’s Nintendo Co Ltd on Thursday reported a more than five-fold jump in quarterly profit, driven by breakout demand for its Switch device and hit title “Animal Crossing: New Horizons” as the coronavirus lockdown lifts the games industry.
Nintendo sold 5.7 million Switch units in the first quarter, composed of 3 million of its hybrid home/portable Switch console plus 2.6 million units of the portable-only Switch Lite, which went on sale last September. The pipeline for Switch games is unusually bare. Nintendo said on Thursday it would release an enhanced version of “Pikmin 3”, originally released for predecessor console Wii U.
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