Nintendo Surges With A 428% Profit Spike
3 years ago
23
Nintendo surged as much as 6% on Thursday, reports Business Insider.
The video game company said first-quarter earnings soared 428% while sales more than doubled.
Video game companies have seen a surge in business since the COVID-19 pandemic outbreak.
Consumers are looking to entertain and distract themselves while sheltering in place.
Driving the strength in Nintendo's business included growing demand for its Nintendo Switch.
The popular software hit "Animal Crossing: New Horizon" is a major draw for buyers.
Loading comments...
-
5:12
A Man With Birds
3 years agoAnalyst: The PlayStation 5 Will Outsell The Xbox Series X By 2-to-1
8 -
2:01
Newsy
3 years agoBig Tech Earnings Surge While U.S. Sees Record-Worst Quarter
237 -
8:51
Digital Trends
3 years agoTrending Tech Headlines | 7.31.20 | Amazon & Facebook Post Record Profits
446 -
1:03
Digital Trends
3 years agoAmazon's Record Earnings!
242 -
11:50
Generational Gamer
3 years agoVASARA Collection - Sale on Nintendo Switch eShop ($0.99) - Is it worth the money?
2 -
1:03
Digital Trends
3 years agoGoogle revenues drop for the first time ever!
1.02K9 -
2:29
WKBW
3 years agoRV sales surge during COVID-19 pandemic
3101 -
12:28
Generational Gamer
3 years agoCosmic Star Heroine (Chrono Trigger-like game) For Nintendo Switch
-
18:44
Generational Gamer
3 years agoLimited Run Games Is Hype? - Streets of Rage 4
-
4:22
thestandard
3 years agoBookshops record drop in sales due to COVID-19 in Nakuru
1