Nintendo Expects to Ship 16.7M Switch Consoles by April 2018

Nintendo Expects to Ship 16.7M Switch Consoles by April 2018

The famous Japanese video games console maker Nintendo Co Ltd.is expecting its highest earnings in seven years. Nintendo sold just shy of 2 million systems, or more than twice the previous quarter's sales.

The Nintendo Switch has now sold 7.63 million units during its first six months on sale. Nintendo posted a revenue of 219.9 billion yen ($1.9 billion), compared to the analyst's estimate of 174 billion yen. The gadget's latest sales numbers for the second consecutive quarter has been strong and thus the brand has raised the bar for competitors by presenting the latest sales forecast which demands 14 million units to be sold out in the financial year 2017-18. The peripheral that allowed players to use the GameCube controller with the Nintendo Wii U was suddenly compatible with the Nintendo Switch, and we never would have known about it if a few gamers didn't think about trying it out. It shows the updated forecast of Nintendo Switch and 3DS hardware and software sales forecast.

Net profit is forecast to sink 17% to 85 billion yen, as last fiscal year's result was inflated by the one-time capital gain from selling a majority stake in the Seattle Mariners, a US professional baseball team.

Nintendo is pretty excited about Switch these days.

Jim McElwain out as Florida's coach
In McElwain's two-plus seasons, the Gators won the SEC's Eastern Division twice and are 22-12 overall and 16-6 in league play. The Gators now rank 113th in total offense, in triple digits nationally for the third time in McElwain's three seasons.

Nintendo's past struggles in the gaming market had been due to users flocking towards new mobile-based games, rather than consoles.

The recent release on smart devices of "Super Mario Run" and "Fire Emblem Heroes" games has met with success.

As the Holiday season kicks in, the Switch will see increased competition from the likes of Microsoft as the company launches its high-resolution and high-powered Xbox One X on November 7. He also said that the upcoming holiday season would test the true power of the Switch.

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