Pokémon Sun And Moon Help Nintendo Boost Nine-Month Profit
Nintendo has reported a 103 billion yen (£720 million) profit in their nine months earnings release, which has impressively doubled in comparison to the year before.
That success is attributed to Pokémon Sun and Pokémon Moon, which sold 14,69 million copies worldwide to become the third best-selling games on Nintendo 3DS, and Nintendo selling their majority stake in the Seattle Mariners.
However, looking more closely we can see that their overall revenue at 311.1 billion yen (£2.1 billion) was down 27 percent year-on-year.
6.45 million Nintendo 3DS systems have been sold worldwide as well as 46.8 million games for the handheld, numbers that represent a respective 10 percent and 20 percent increase year-on-year.
Wii U performance was near expectation, with 0.76 million consoles and 12.48 million games sold worldwide – a 75 percent and 45 percent decrease compared to the year before.
Nintendo also moved to revise its profit forecast, with the company now expecting to make 90 billion yen (£629 million) by 31st March 2017. That will please investors, rising from the 50 billion yen that was previously forecast.