- Nov 9, 2015
Nintendo expects to reach its highest earnings in seven years due to impressive Switch sales. The video games maker company doubled its full-year operating profit forecast on Monday after the console production and delivery issues were cleared out. According to Reuters, the Switch demand nearly doubled Nintendo's stock price to a nine-year high since the March launch of the console. Sales have exceeded the initial estimate and Switch is on track to surpass the Wii U lifetime sales. Nintendo President Tatsumi Kimishima said at an earnings briefing that the company had boosted Switch...