Nintendo reports bumper profits as Switch sales soar

Hybrid console transforms firm’s fortunes, with operating profit forecast raised by a third

Nintendo has reported its most profitable quarter in almost a decade as global sales of its new Switch console soared in the runup to Christmas.

Nintendo has raised its operating profit forecast for the year to the end of March by a third, from ¥120bn to ¥160bn (£780m to £1bn), after phenomenal Switch sales fuelled the company’s most profitable quarter since 2009.

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Source: theguardian
Nintendo reports bumper profits as Switch sales soar