Nintendo profit jumps 39 percent on Switch software sales

Nintendo profit jumps 39 percent on Switch software sales

Nintendo profit jumps 39 percent on Switch software sales

Nintendo's push into mobile is yet to deliver a major hit, although analysts point to Mario Kart Tour, developed with DeNA and due for release this summer, as a possible contender. The company had 23 million-selling Switch titles across the entire year, with flagship releases like Super Smash Bros.

What the sources from Bloomberg couldn't nail down is the exact price - although they say it's cheaper than the current $299/£279 model - nor its exact specs, saying that the lite version of the console would be smaller and may lack the dock.

In fact, if Furukawa was being particularly cagey with reporters, we could still get announcements for more Switch hardware any time that is not "this year's E3 in June".

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Glancing at Nintendo's digital business, the company said sales from download versions of retail software and download-only titles on Switch "showed particularly good growth", and that overall digital sales revenue rose by 95.4 percent year-on-year to 118.8 billion yen ($1.1 billion). Nintendo's expectations to ship 18 million more consoles this year, also was below analyst expectations. Nintendo sold 49.1 million SNES units following its launch in 1990.

A new, cheaper version of the Switch will be released by the end of June, according to one "person familiar with the matter" cited in a recent Bloomberg report.

Furukawa added that he has nothing to announce on potential new hardware, but that Nintendo is always developing hardware internally. Also, just because it doesn't plan to announce new console skus at the event doesn't mean new offerings aren't in the works.

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