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Nintendo reports $569M profit as Pokémon game sales get off to good start

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NewsHubNintendo only takes a fraction of the revenue from Pokémon Go , the smash hit game of 2016 , but its popularity has certainly boosted its own Pokémon games as evidenced by the company’s latest financial report. Nintendo reported a 64.7 billion JPY ($569 million) profit on revenue of 174.3 billion JPY ($1.5 billion).
That’s a return to the black following a $57.1 million loss in the previously quarter. Revenue was down 22 percent year-on-year, but Nintendo beat analysts expectations and it has raised expected profit for its annual financial report — due in May — to 90 billion JPY ($791 million) from 50 billion JPY ($440 million).
The firm spotlighted its Pokémon Sun and Pokémon Moon titles for the 3DS, which it said have clocked a combined 14.69 million in sales since launch in November. Super Mario Maker was top release, surpassing the one million mark during the recent quarter.

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