Nintendo Switch continues to soar in popularity, as the company managed to sell 14.86 million units in 10 months. I think the cardboard is going to sell surprisingly well, even at almost $100. In addition, of course, there's an impending core Pokémon game, that should see sales of the system skyrocket even more. It will be "appealing to younger audience which has not been addressed by Nintendo for some time".
Nintendo sold 7.2 million Switch consoles between October and December, sending hardware totals to 14.86 million.
The console "surged past initial expectations in Japan, the USA and Europe" during the holiday season, President Tatsumi Kimishima said at Wednesday's earnings briefing.
And speaking of the Switch, the company recently announced a new range of Nintendo Labo Toys, which are cardboard creations aimed at kids. Further, this is also the highest quarterly revenue figure since the quarter ending in December 2009.
The results beat consensus estimate of around ¥67bn from six analysts polled by Reuters.
A new Pokemon game is also planned for the year 2018. And for the second quarter in a row, it raised its forecast for full-year Switch sales and profit.
Earnings came after the close of the Toyko stock market, but shares were up around two per cent ahead of the release. This is a more than 177 per cent year-on-year rise.
Despite this great growth success, it's got a long way to go to hit the lofty heights of the Wii. A chart from Statista reveals that though only a few developers are now working on the relatively new console, it is only behind Windows PC and PS4 when it comes to attracting developer interest.