Nintendo is on the top of the world right now as it relates to its financial performance and unit sales for its marquee Switch console. The company reported earnings for the nine-month period ended December 31, 2020, and the Japanese outfit made a profit of 376.6 billion yen, which is up substantially from the profit of 196.4 billion for the same period last year. Nintendo pulled in revenue of 1.4 trillion yen for the period, compared to 1.02 trillion yen last year.
The Nintendo Switch was a very bright spot for Nintendo, selling 11.57 million units during the holiday quarter and climbing to 79.87 million units over its lifetime. As analyst Daniel Ahmad points out, over its first 46 months, the Switch is selling at a faster clip than the PS4 and the Wii, as well as the best-selling console in history, the PS2. Check out the chart below to learn more.
The Nintendo Switch has sold in 79.87m units after 46 months on the market.
— Daniel Ahmad (@ZhugeEX) February 1, 2021
Here is how it compares to other consoles when launch aligned.
In the same time frame, the PS4 was around ~67m and the PS2 was around ~69.5m. The Wii was just under 75m. pic.twitter.com/ox3NQy8Ye4
Another big movement for Nintendo was a further shift toward digital game sales, which make more money for Nintendo. Digital game sales grew by more than 100% during the period, while the percentage of total games sold that were digital copies reached 40.9%, up 12.3%.
Continue Reading at GameSpot
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