Nintendo Switch Outsells Wii U

Nintendo Announces Online Service, New Mobile Game and Mario Movie News

Nintendo has announced that it has distributed 14.86 million Switch units worldwide since its launch, updated to December 31, 2017.

That's a total of 14.87 million, which beats the 13.56 million Wii Us sold from its 2012 launch until last November by a country mile. Adding that to the 2.74 million units sipped between release and March 31st, 2017, it means that the manufacturer from Kyoto predicts to have shipped 17.74 million units by the end of March. Nintendo added another 1 million units to its sales forecast for the fiscal year, bringing the total to 15 million units. In Japan, Nintendo sold about 3.72 million consoles.

Nintendo's shares have doubled since the launch of the Switch, which can be used either handheld or with a TV when in a dock, hitting a decade high on optimism that it will carve out a global fan base alongside the Sony's PlayStation and Microsoft's Xbox consoles.

Compared to a year ago, that's a 177% gain in revenue and a whopping 261% improvement in profit. Other popular games included Mario Kart 8 Deluxe, which sold more than 7 million copies, and Splatoon 2, which sold nearly 5 million copies.

Dr Pepper snapped up in mega drinks merger
Out of 3 Wall Street analysts rating Apollo Commercial Real Estate, 0 give it "Buy", 0 "Sell" rating , while 3 recommend "Hold". On Tuesday, January 9 the insider Schroepfer Michael Todd sold $7.14M. (NYSE:DPS) on Monday, September 7 to "Hold" rating .

Nintendo reported its most profitable quarter since 2009.

Nintendo released its fiscal Q3 earnings yesterday and blew past analyst expectations on both revenue and profit.

Super Mario Odyssey is also now on track to become the best selling 3D Mario game of all-time. This is the second upward revision, after the company boosted its forecast in October - once again, thanks to stronger-than-expected Switch sales. Nintendo plans on making a hefty profit from all this and it will do this while churning out brand new video games.

One test of Nintendo's ability to sustain the Switch's momentum and widen its appeal is Nintendo Labo, a new game due out in April.

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