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Nintendo Raises Switch Forecast To 24 Million Units On Pandemic Gaming Boom
News 18Japan’s Nintendo on Thursday said it expects to sell 24 million of its Switch games consoles in the year ending March 2021, up from a forecast of 19 million but still seen as cautious, as the COVID-19 pandemic drives a gaming boom. The Kyoto-based gaming company also hiked its operating profit forecast by 50 percent to JPY 450 billion as titles such as “Animal Crossing: New Horizons” bring new consumers to the Switch in its fourth year on the market. The resolution of Switch production issues that affected the company earlier in the year drove sales, prompting the forecast revision, Nintendo President Shuntaro Furukawa told reporters during an earnings briefing. Nintendo said it sold 12.5 million Switch devices in the first half of the financial year, comprising 8.4 million hybrid home-portable Switch consoles and 4.2 million portable-only Switch Lite devices.
History of this topic
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