Nintendo Switch Is Predicted to Be More Profitable Than Wii Console

The Nintendo Switch and Pokémon Sun & Moon both had a big role in a rosy looking financial report for Nintendo's fiscal year ending in March 2017.

In the fiscal year that ended in March, Nintendo's profit jumped more than six times from the previous fiscal year to 102.6 billion yen ($924 million), up from 16.5 billion yen. This means that the Switch launch has officially been a success, with it coming close to the 3.2 million Wii units that were shipped during its launch month.

Nintendo's 10 million forecast is too cautious and more than 15 million units could be sold during the current fiscal year, Ace Research Institute analyst Hideki Yasuda said.

The console-handheld hybrid sold more than 2.74 million units in March, better than the 2.4 projected by analysts and crushing the 2 million goal by Nintendo itself before the Switch launched. Whereas the Xbox and PS4 bundles tend to be very good deals - especially the ones offered during the holiday season - that has so far not been the case for the Switch.

In Engadget's recent post, it would be evident that Nintendo still sees some life on the 3DS by releasing major games on the 3DS. "The Legend of Zelda: Breath of the Wild" sold 2.76 million copies worldwide for the Switch.

One can only speculate how this came to be.

First up are the hardware sales numbers.

Video game stories from other sites on the web.

"We are hoping to change the tide of our business with the Switch", Nintendo President Tatsumi Kimishima said at a news briefing on Thursday.

So, if you are longing to get one Nintendo Switch console, you still have a chance to grab one at any of these outlets.

Nintendo needs to make it super clear that there really is one console for all your Nintendo needs if they want the Nintendo Switch to maintain its momentum and make people feel like they are really fully committed to it rather than hedging their bets.

Super Mario Run was also mentioned as a title that "elicited a fantastic response from consumers worldwide".

Like other console makers, Nintendo is having to counter the rise of the smartphone as a tool for gaming. This was a start, but it's arguable that things didn't really kick off until the eShop came to fruition on 3DS and Wii U. There are a number of unbelievable indie titles that have been released across both systems, but there's also a good amount of shovelware that found its way onto the digital storefront.

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Nintendo wasn't one of them!

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