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Nintendo made buckets of cash from April to June

  • July 28, 2017
  • Technology

Since the release of the Nintendo Switch, Nintendo’s seen gains on the stock market as well with an increase in the ballpark of roughly ¥15,000 per share. At the time of drafting this story, Nintendo’s trading at ¥35,770. Has it reached Wii levels? No, but it’s the best Nintendo’s seen since that console began to fade in late 2008.

Between the software and the Nintendo Switch itself, Nintendo is doing exceptionally well right now. Their concept and marketing have been entirely on point for the new Switch, and they’ve managed to establish a launch lineup that punches hard enough to keep diehards happy while dragging in new (or, perhaps, lapsed) Nintendo fans at the same time.

If the company can meet demand, 2017 might be the best year they’ve seen in almost a decade. That spells great news for Nintendo and its investors. The success of the Switch means good news for gamers, too, as it receives more support and, thus, more games.


Article source: https://www.technobuffalo.com/2017/07/28/nintendo-made-buckets-of-cash-from-april-to-june/

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