Nintendo has released its Q1 financial report for the fiscal year ending March 31, 2023, noting a decline in both net sales and movement of Switch consoles. According to Nintendo, overall sales fell 4.7% to $2.3 billion. There were noted declines in both the video game platform and mobile sectors. The former saw a decline of 4.3%, while mobile, IP-related income fell 16.8%. In hardware, Switch sales declined 22.9% to 3.43 million units partially due to the addition of the Nintendo Switch – OLE...
Nintendo has released its Q1 financial report for the fiscal year ending March 31, 2023, noting a decline in both net sales and movement of Switch consoles. According to Nintendo, overall sales fell 4.7% to $2.3 billion. There were noted declines in both the video game platform and mobile sectors. The former saw a decline of 4.3%, while mobile, IP-related income fell 16.8%. In hardware, Switch sales declined 22.9% to 3.43 million units partially due to the addition of the Nintendo Switch – OLE...
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