Newzoo; Nintendo in Top 10 companies based on games revenue

Newzoo; Nintendo in Top 10 companies based on games revenue

With the success of the Nintendo Switch, Nintendo is now back the top ten companies by video game revenue.

The information was shared by data site Newzoo whose “Top Video Game Companies ranking is based on analysis of annual and quarterly financial reports published by a number of relevant publicly listed game companies.”

Into more detail

In 2017, Nintendo’s hardware revenues grew by 266 percent from a year earlier, hitting $5.5 billion, and 48 percent of these revenues were earned in Q4 2017. This is more than both Microsoft and Sony, who earned $2.billion and $5.1 billion respectively, with hardware.

All in all we can surely say that Nintendo’s first year with the Nintendo Switch has been a major succes. Let’s hope this trend will continue over the course this and the years to come.