nintendo financials

switch-sales-fall-23%-due-to-shortage-of-semiconductor-components VG247

Switch sales fall 23% due to shortage of semiconductor components

Nintendo expects things to look up this fall as more chips are produced. Nintendo has released its Q1 financial report for the fiscal year ending March 31, 2023, noting a decline in both net sales and movement of Switch consoles. According to Nintendo, overall sales fell 4.7% to $2.3 billion. There were noted declines in both the video game platform and mobile sectors. The former saw a decline of 4.3%, while mobile, IP-related income fell 16.8%. In hardware, Switch sales declined 22.9% to 3.43 million units partially due to the addition of the Nintendo Switch – OLED Model with its…

switch-sales-decline-by-20%-to-23-million-due-to-continued-chip-shortages VG247

Switch sales decline by 20% to 23 million due to continued chip shortages

But the figure is the second highest since the console launched. Nintendo has released its financial report for the 2021 year ending March 31, 2022. According to the figures, declines were reported with net profits a bit flat, year-over-year (yoy). Nintendo noted a decline of 3.6% in sales yoy, despite its dedicated video game platform bringing in ¥1.64 trillion ($12.3 billion). This figure includes accessories, hardware, and software, the latter of which also encompasses downloadable versions of packaged software, download-only software, add-on content, and Nintendo Switch Online. Mobile and IP related income (smart-device content and royalty income) brought in ¥53.3…

don’t-expect-upgraded-nintendo-switch-models-“anytime-soon” VG247

Don’t expect upgraded Nintendo Switch models “anytime soon”

By Dom Peppiatt, Monday, 1 February 2021 16:39 GMT Nintendo has assured fans that they won’t be seeing a Nintendo Switch Pro, or upgraded Switch hardware, in the immediate future.During a private Q&A that followed on from the company’s financial results briefing earlier today, Nintendo has formally stated that we won’t be seeing any sort of upgraded Nintendo Switch hardware in the coming 12 months.As per Bloomberg reporter Takashi Mochizuki, who was present at the briefing, the company is “not planning to make an announcement anytime soon” when it comes to new devices.This was echoed by industry analyst David Gibson who said that Nintendo noted…