As expected, Nintendo has delivered its latest annual review for fiscal year 2020-2021. Unsurprisingly, the Japanese company has had an exceptional year, once again driven by a Nintendo Switch which crushes the competition. However, Nintendo surprised even the most optimistic with its particularly impressive results …
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Record results for Nintendo
Indeed, if the forecasts already suggested excellent results for Nintendo, the reality is even more flattering. Indeed, Nintendo posted a net profit of 3.6 billion euros for the fiscal year, an increase of 86% compared to the previous year.
Better still, Nintendo managed to destroy its previous record, which dates back to the 2008-2009 fiscal year with at the time a Nintendo DS / Nintendo Wii tandem which crushed everything in its path. In the last fiscal year, Nintendo achieved a net profit 72% higher than 12 years ago.
Results obviously driven by a Nintendo Switch which seems cut out to also break all records, since the console is close to 85 million units sold worldwide. Nintendo sold 28.8 million Switches in the barely past fiscal year, up 37% from the previous year. In 2021, the Nintendo Switch is expected to climb to 7th place among the best-selling consoles of all time, passing the PS3. It could even go for the Nintendo Wii, which has a total of 101 million sales.
In 2021, Nintendo should continue its momentum, with a Nintendo Switch that continues to seduce the public again and again, despite a launch that dates back 4 years already. In all likelihood, the Japanese giant could take advantage of this year 2021 to launch a “revisited” version of its flagship console, with a machine more in tune with the times, equipped (we hope) with an OLED screen, d ‘a new dock and a slightly more contemporary technical sheet.