Wednesday, April 15, 2026
    More
    Quick Hits

    Nintendo Innovates

    By
    Oct 06, 2020 | 07:11 pm
    UPDATED Oct 06, 2020 | 08:36 pm
    Mario Kart
    Nintendo

    As Nintendo looks to continue evolving its Switch console, some analysts think the company’s stock could be ready to boom. Shares are approaching an all-time high and are up 30% year-to-date — but Nintendo’s innovation efforts could push it higher.

    Rather than risk new platform development that can lead to boom or bust console cycles, analysts believe new versions of the Switch could be the way forward — think Apple’s iPhone strategy. First up: an augmented reality game with a real-life remote controlled Mario Kart to compete with new Sony and Microsoft consoles this holiday season.

    Nintendo’s Big Year:

    • Hardware sales were up 166% in its April-June quarter.
    • Software sales were up 123% in the quarter.
    • Total revenue was $3.39 billion, with a $1.37 billion operating profit.
    • New “upgraded Switch console” expected in 2021.
    • Animal Crossing: New Horizons has sold more than 22.4 million units since it was released in March.

    This field is for validation purposes and should be left unchanged.

    Sign up for
    The Memo Newsletter

    Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    Linkedin
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read

    Louisville’s Miller Moss and several of his teammates stopped by Olympus Gaming Lounge to play EA Sports College Football 26 with fans for a meet and greet. July 11, 2025
    by

    Saudis, Silver Lake, and Jared Kushner Take EA Private in $55B Deal
    Electronic Arts makes “Madden,” “EA Sports College Football,” and more.
    The cover of the College Football 25 video game.
    exclusive
    by

    OneTeam Backs Away From College Football Video Game Terms
    EA offered $1,500 and no royalties; it also deleted an opt-out clause.
    Sponsored

    Top Esports Athletes Will Compete for National Glory in the Esports Nations Cup
    The new biennial event, starting in 2026, kicks off a monumental next era for esports.
    by

    EA Sports Is Back In College Basketball. What’s Next?
    There hasn’t been a college basketball game in more than 15 years.

    Featured Today

    blake griffin
    by

    Inside Blake Griffin’s Rookie Season at Prime Video
    The six-time All-Star was initially hesitant to enter the media space.
    Matthew Schaefer/Front Office Sports
    April 10, 2026

    Matthew Schaefer Has the Hockey World in His Thrall
    The teenage Islanders defenseman cannon-balled into the NHL.
    April 9, 2026

    College Athletes Are Ignoring NCAA Gambling Bans
    “We were going to bet regardless,” says one former D-I athlete.
    April 8, 2026

    Why Did FIFA Do a Deal With an Obscure Prediction Market?
    The product is scheduled to launch on Thursday.

    More in Quick Hits
    patrick_mahomes
    by

    Less Than Super TV Viewership
    CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
    person_playing_cricket
    December 23, 2020

    Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.
    More than 20 investors have now bought into American Cricket Enterprise, parent company oMajor League Cricket.
    man_riding_stationary_bike
    December 28, 2020

    Connected Fitness Company Echelon Lands $65 Million Investment
    The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
    Sponsored

    From Gold Medalist to Business Founder
    Allyson Felix on investing in women’s sports and what comes next for track & LA28.
    woman_holding_hockey_stick
    December 23, 2020

    NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports
    It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
    antetokounmpo_dribbling_basketball
    December 23, 2020

    ‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension
    Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
    December 22, 2020

    Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’
    “It’s sort of the manifest destiny of the league that you expand at some point,” NBA Commissioner Adam Silver said Monday.
    December 22, 2020

    Adidas Partners With Jerry Lorenzo, Fear of God Brand
    Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.