Nintendo Q1 Financial Results

I hope you all are enjoying Splatoon 2 as much as I do. If you managed to get hold of a Switch that is. But the launch of the sequel to one of the most addicting and fun online shooters in decades was not the only thing noteworthy that happened in the last couple of days.

Because today Nintendo released their Q1 financial results reports. With that we have up to date information about the sales figures of all Nintendo Platforms and games. The Quarter covers everything sold from the 1^st April until the 30^th June. So without further ado let's take a look at the data.

• Net Sales: ¥154,069 Million
• Operating Income: ¥16,208 Million
• Profit: ¥21,260 Million

• Total Switch Hardware: 4.70 Million
• Total Switch Software: 13.60 Million
• Total 3DS Hardware: 67.08 Million
• Total 3DS Software: 335.10 Million
• Total Wii-U Hardware: 13.56 Million
• Total Wii-U Software 99.97 Million Units

• Smart Device, IP related income: ¥9,062 Million
• Earnings from Pokemon Go: ¥3,286 Million

So all in all we're looking at quite the successful quarter for Nintendo. And to think what could have been possible if the Switch wasn't plagued by constant supply issues. But there is on big thing that I would like to direct your eyes to. The insane attach rate Mario Kart 8 and Breath of the Wild have. Nearly everyone who owns a Switch owns those games. This once again proves the Power Nintendo IP has to sell software, but also poses a great danger. If Nintendos first party offerings are too successful 3^rd Party developers may feel discouraged to bring their games onto the system. Nintendo has to actively work against this, not by releasing inferior games, but by encouraging and fostering relationship with other publishers. Lets hope they've learned their lesson from the Wii-U.

Anyways these numbers are great and prove that the Switch Hype is far from dying. Let's hope they can keep that momentum until the holidays, but with Super Mario Odyssey on the Horizon I have little doubts that they'll manage.

And as always

thanks fro reading

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