
Nintendo: Switch Sells 2.74 Million Units in March - News
by William D'Angelo , posted on 28 April 2017 / 13,438 ViewsThe launch month of the Nintendo Switch was a huge success for Nintendo. The console sold 2.74 million units in March.
The Legend of Zelda: The Breath of the Wild sold 2.76 million units on the Switch and 1.08 million units on the Wii U.
For the full fiscal year ending March 31, 2017 Nintendo earned $4.4 billion in revenue and profits of $925 million.
Nintendo expects revenue of $6.7 billion in the fiscal year ending March 31, 2018 and profits of $404 million.
Thanks GamesIndustry.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
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1 more month and it will probably of out sold the Wii U's 1st year sales
I'm sure they released the Switch in March to give their financials a boost at the end of the fiscal year but yeah it was really good timing to lead into E3 and the summer so they can build a sales base for the holiday season.
Interesting that Nintendo made such a big profit last year, after all of the R&D on the Switch. Looks like that Mariners sale had a bigger impact that I expected!
Good to see NIntendo doing well again. And all they needed to do was... make Wii U a truly portable device.
I will get one down the road when the library is bigger and prices are lower.
It's weird that Nintendo expects their revenue to increase but profits to decrease this year... I'm guessing that they moved the majority of the Switch development costs to this year since their hardware sales (not including March) were pretty low last year
Well part of profit was from selling Seattle Mariners, also it seems they aiming to produce 16m Switch consoles this year.
Oh they sold the Mariners? That would explain the extra profit last year
They've doubled production of their hardware, that's initially expensive. It's why Nintendo was able to look better off than it was when selling the sizable remnants of Wii U's constructed in previous financial years that they'd been unable to sell quickly about two years ago. Once they went through that, net profits from the Wii U again declined as they were forced to manufacture some more.
Yeah that makes a lot of sense. Companies generally have to invest money initially to earn money long term.
There's a lot of money going towards building a good Switch install base, and starting up new game productions. And they're likely dealing out conservative numbers in the first place.
It could also mean that their R&D will be very busy this year, meaning that there will be plenty coming from NIntendo in 2018/2019
What the others mentioned plus I do believe Kimishima said they will continue to heavily advertise the Switch which will cut into their total revenue. But at least they are advertising it which will help sell even more units. :3 Only commercials I remember seeing in the Wii U's last half of it's life was a few of Splatoon, and Smash Wii U, and I saw the Paper Mario Color Splash commercial only once.
Has anyone else noticed that they sold 20,000 more copies of Zelda for Switch than consoles to actually play it on?
Two reasons how this is possible. Super fans buy the collector edition too and don't open it, just playing the standard one. And Zelda isn't a supply constraint product and some people buy it waiting for their Switch to be purchased. 20,000 is less than 1% of sales.
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