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By Pat Evans
Nintendo sold 12.5 million Switch consoles from April to September, an 81% year-over-year increase.
During the same six month period, Animal Crossing: New Horizons sold more than 14 million copies. Thanks to the success of both, Nintendo’s operating profit in the first half of its fiscal year climbed to $2.8 billion, up 209% compared to the previous year.
Nintendo has raised its forecasts and expects Switch sales to hit 24 million this year and profits to reach $4.3 billion. Shares are up nearly 40% year-to-date.
Notable Earnings Reports This Week:
11/9 — Allied Esports Entertainment, Callaway Golf
11/12 — The Walt Disney Co.
11/13— DraftKings
