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After the honeymoon experienced by Nintendo in the financial sector in 2017, after the launch of Switch and the arrival of important titles, 2018 was a year of chiaroscuro for the Japanese company and the market. The recent financial report indicates that the success of Switch and the hybrid console has been sold to 22.86 million units worldwide, but that the company could not meet the financial expectations of analysts. Shuntaro Furukawa talked about it.
Nintendo today released its financial report for the quarter from July to September of this year. The Japanese company said its operating profit was $ 274 million, lower than analysts' estimates. they expected Nintendo to earn $ 334 in this region. At the same time, Nintendo revealed that its revenue for the quarter amounted to $ 1,900 million, less than the $ 2 million forecast for this period. In this sense, a report from Bloomberg He said that the investor response to the results presented by Nintendo was disconcerting and immediately pointed out the lack of important titles for the hybrid console during this year, which is different from what happened in 2017.
According to the site's information, some analysts believe that Nintendo will be played in 2018 with the launch of Super Smash Bros. Ultimate and it is expected that the expected growth will enable the company to achieve results in line with market expectations.
After being questioned about it, Nintendo President Shuntaro Furukawa said, "From the beginning, we set ourselves a tough goal, but the battle for the holiday season is starting now."
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