Nintendo says full-year profit increased on strong game sales
Pokemon, Super Smash Bros gave an extra boost for the year as its shares surgedTOKYO: Nintendo said Thursday its full-year net profit jumped nearly 40 per cent, lifted by strong sales of blockbuster game titles for its popular Switch console. The Kyoto-based games giant said “Pokemon” and “Super Smash Bros” gave an extra boost for the year as its shares surged on expectations of its launch of Switch games in China. Google announces browser-based streaming game service“The results for this fiscal year showed strong software sales for Nintendo Switch, which contributed to the expansion of hardware sales,” the firm said in a statement. For the current fiscal year to March next year, Nintendo forecasts its bottom-line profit would decline by 7.2 per cent but set a higher sales target. Sony, the maker of the PlayStation console, is scheduled to release its full-year results on Friday.
Source: The Express Tribune April 25, 2019 12:33 UTC
