- Nintendo is expected to record ¥183 billion ($1.6 billion) in revenue
- this is up from ¥74.8 billion in a year-earlier period
- this would mark the company’s highest quarterly revenue since the third quarter of 2016
- this would also be the highest second-quarter figure since 2009
- analysts expect Nintendo to report a net profit of ¥15.8 billion, down from ¥62.8 billion a year ago
- analysts expect sales of three million Switch units for the second quarter
- this could prompt Nintendo to raise its sales guidance for the fiscal year ending in March
- analysts expect sales of more than 10 million copies of games for Switch, up from 8.14 million in the prior quarter
- Switch owners tend to buy many games, which makes the platform lucrative
- Nintendo expects to sell 35 million copies of Switch games in the current fiscal year, but analysts say that number is conservative
Nintendo is revealing their 6-month earnings on Oct. 30th, 2017. We'll be sure to bring you the full details.
from GoNintendo
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