Nintendo has sold over 22 million Switch consoles, Mario Odyssey, Kart, and BOTW top 10 million sold
Now they're playing with power. Switch Power!
Nintendo just released their six month earnings results in Japan and the numbers from the Big N continue to impress. The company announced today that they have sold 22.86 million Switch consoles as of the end of September 2018.
Some other interesting nuggets of information in Nintendo's October 30 earnings release involved software sales for some of their first party titles. Super Mario Odyssey has sold over 12.17 million units in its first full year. Mario Kart 8 Deluxe sold 11.71 million copies, and Shacknews' Game of the Year 2017 The Legend of Zelda: Breath of the Wild has sold over 10 million units since the launch of Nintendo Switch. These are impressive numbers to go alongside Switch's impressive console sales numbers. Nintendo was also proud to announce that Mario Tennis Aces has sold 2.16 million copies since launch. Donkey Kong Country: Tropical Freeze, a game that originally released on Wii U, has sold 1.67 million units.
The company highlighted digital "sales of downloadable versions of packaged software and add-on content for Nintendo Switch showed especially good growth," of 71.7% year-over-year. Operating profit for the first six months of Nintendo's fiscal year was up 53.7% year-over-year despite only 4% revenue growth over the same time period. $3.44 billion in sales is nothing to scoff at, and Nintendo's shift towards digital distribution of software will continue to improve operating margins.
A weak spot in the company's results remains smartphone revenues, which only came in at $165 million (up 4.7% year over year) for the same period. Mobile has yet to become a meaningful segment of revenue, but the strength of Nintendo Switch and first party software sales are covering up for the weakness in the company's smartphone division.
Nintendo's quarterly sales growth slowed to 1% year-over-year, which is the worst pace for the company since the Switch launched. Sales and operating profit came in below analyst estimates according to Bloomberg. It is going to take a very strong holiday period for Nintendo to sell the 20 million Switch console units they projected at the beginning of the year. They have sold 5 million Switch consoles in the first six months of their fiscal year, with 3.2 million being sold in the recent quarter. “From the beginning we decided on a target that would be challenging to reach, not easy,” said Nintendo President Shuntaro Furukawa following the results. “The holiday season battle begins now.”
Nintendo maintained their full year guidance for the fiscal year ending in March of 2019. They highlighted the upcoming releases of Pokemon Let's Go Eevee and Let's Go Pikachu as well as Smash Ultimate later this year. The company also looks forward to the release of their next smartphone game, Mario Kart Tour, which will launch before the end of their fiscal year.
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replyAsif Khan posted a new article, Nintendo has sold over 22 million Switch consoles, Mario Odyssey, Kart, and BOTW top 10 million sold
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They have sold 5 million of the projected 20 million. They are gonna need a solid Holiday.
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“From the beginning we decided on a target that would be challenging to reach, not easy,” said Nintendo President Shuntaro Furukawa following the results. “The holiday season battle begins now.”
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https://www.bloomberg.com/quote/NTO:GR
Stock is up in German trading.
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Another thing to keep in mind when they guestimated 20 M - that means they also were making sure they had the manufacturing capabilities to get to that number too as to boost consumer and investor confidence in that they can put out that many units.
And of course, we are now going to see the power of a fully functional console once SSBU gets released; it would be second to Pokemon as *the* console seller.
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This fiscal year, so their deadline is April. More than half of their revenue comes from the Oct-Dec quarter. Its when they sold most of their hardware last year, plus consoles generally sell more in their second through fourth years. Between that and Pokemon/Smash, the expectation is that they will outsell the 7 million they moved last holiday quarter.
By how much is the question, they need a hell of a quarter to meet their 20 million goal. Their sales estimates are always incredibly conservative so I have to assume that they are using traditional year over year increases with successful consoles to come up with that number.
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I hate to say it because I don't particularly care for the series, but New Super Mario Bros U Deluxe (wtf that name) is going to be huge.
The Animal Crossing trailer that Twitter and Reddit were exploding about? The mass market doesn't care about that nearly as much as New Super Mario Bros, almost 2 million views for a reissue: https://youtu.be/6wTFy-pJFMI-
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Back during the Wii era, on idle thumbs they joked that any game with “Wii”, “Mario” or “Super” in the title sold better and if they could just come out with a game with all those it would be huge.
And then someone pointed out that they did - New Super Mario Bros. Wii was one of the systems biggest sellers.
So that’s what’s up with the name, though I think they should drop the “U” for the Switch. -
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I wish they would make another Mario 3D world like the one on Wii U, that game was dope af
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RIP switch #itsjustafad
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Who posted that? I remember the thread.
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sleepy posted some bullshit post-E3 about nintendo being done but he's definitely not the only one who shat on it
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