The gaming giant that graced us with titular characters like Link, Donkey Kong, and, of course, everyone’s favorite mushroom-loving plumbers, had a big 2017 all thanks to their newest gaming console.
According to their annual earnings report, the company’s profits increased 505% to roughly $1.6B this last fiscal year as they sold 15m Nintendo Switch units.
Since the Switch went on sale in March 2017, Nintendo has sold 17.7m units, making it the fastest-selling home game console in the US — outpacing the Nintendo Wii and Playstation 4 in first-year sales.
Yesterday the Kyoto-based company said it expects operating profit to rise almost 27% through next March, which would be a 9-year high if the Switch continues to sell in its second year.
The company projects 20m sales in the next 12 months — their secret weapon? More nostalgia.
Mario and Zelda made it into the fold in its first year, and the company recently announced plans to re-unleash the carnage first brought on by the N64 with a new Super Smash Bros.
Looks like it’s time to buy a new gaming console.