Dhaka, Aug. 1 -- Japanese gaming giant Nintendo has reported a robust 18.6% increase in net profit for the April-June quarter, driven by strong global sales of its newly launched Switch 2 console.
The Kyoto-based company earned 96.03 billion yen ($640 million) during the first fiscal quarter, up from 81 billion yen in the same period last year. Revenue more than doubled, reaching 572.36 billion yen ($3.8 billion), according to the company's earnings report released Friday.
Nintendo said it sold 3.5 million units of the Switch 2 worldwide within the first four days of its June 5 release - the fastest-selling hardware launch in the company's history. Sales momentum has remained strong since, boosted in part by the console's higher price t...
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