---
title: "Nintendo quarterly profits drop 10% but software sales impressive"
url: "https://www.nintendoreporters.com/en/news/general/nintendo-quarterly-profits-drop-10-but-software-sales-impressive/"
description: "The latest Nintendo financial results are in and annual profits are up for the Kyoto-based company."
author: "Patrick Dankers"
published at: "2019-08-02 18:50:39"
image: "https://www.nintendoreporters.com/storage/files/nintendo-quarterly-profits-drop-10-but-software-sales-impressive.jpeg"
markdown url: "https://www.nintendoreporters.com/en/news/general/nintendo-quarterly-profits-drop-10-but-software-sales-impressive.md"
---

Nintendo quarterly profits drop 10% but software sales impressive | General News | NintendoReporters

 [![Nintendo quarterly profits drop 10% but software sales impressive](https://www.nintendoreporters.com/storage/files/nintendo-quarterly-profits-drop-10-but-software-sales-impressive.jpeg "Nintendo quarterly profits drop 10% but software sales impressive")](https://www.nintendoreporters.com/storage/files/nintendo-quarterly-profits-drop-10-but-software-sales-impressive.jpeg)The latest Nintendo financial results are in and annual profits are up for the Kyoto-based company. BUT the Nintendo Switch has not managed to achieve the company’s two year sale-projection.

## [](#sales-by-the-numbers)Sales by the numbers

Below numbers are thanks to **Games Industry**

As it stands the company has sold a total of 36.9 million units. Software sales for the Nintendo Switch have been extremely promising though.

Net revenue climbed 2.4% for the period to ¥172,111 million ($1.58 billion) from ¥168,157 million ($1.54 billion) yen. However, operating profit took a hit, falling from ¥27,428 million ($253 million) to ¥30,535 million yen ($281 million).

Sony also revealed that their PlayStation 4 system has now sold over 100 million units. So it’s all good news for the video game industry it seems..

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