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Nintendo’s quarterly profit rises on hit Switch games

/ 04:47 PM January 31, 2019
Nintendo's quarterly profit rises on hit Switch games

This June 19, 2018 photo ahows visitors walking around a figure of Super Mario of Nintendo at Panasonic center in Tokyo. AP

TOKYO — Nintendo, the Japanese video game maker behind the Super Mario and Pokemon franchises, is reporting a 25 percent jump in its fiscal third quarter profit, boosted by the popularity of games for its Switch console.

Nintendo Co. reported on Thursday that its October-December profit was 104.2 billion yen ($956 million), up from 83.7 billion yen a year earlier.

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Quarterly sales totaled 608.4 billion yen ($5.6 billion), up 26 percent.

Among the hit software for Switch was “Super Mario Bros. Ultimate,” whose sales have totaled 12 million units since it went on sale in December.

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The popularity of such games helped drive Switch machine sales during the holiday shopping season, the company said.

The Switch is a hybrid game machine that works both as a console and a tablet. /ee

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TAGS: Gaming, Nintendo, Nintendo Switch, technology news, Video games
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