Nintendo reported a mixed bag of results for the first quarter of its fiscal year ending March 31, 2019.
While the Japanese gaming company beat profit expectations, revenue fell short of predictions, as higher software sales only partially offset a slowdown in sales of the company's new flagship console, the Nintendo Switch.
Surprisingly, Nintendo sold just 1.88 million units of the Nintendo Switch, down from 2.9 million in the previous quarter. While the warmer months of the year are traditionally weaker in terms of video game sales, Nintendo is now under pressure to show positive momentum for the Switch hardware business in the months to come.
Despite the disappointing quarter, the Switch still has to be considered a big win for Nintendo. Succeeding the highly disappointing Wii U, few people would have predicted its early success. Having been released in March 2017, it took the hybrid gaming platform less than 10 months to surpass the Wii U's total lifetime sales.
With nearly 20 million units sold, the Switch is now hot on the heels of the GameCube, which has been sold 21.7 million times in its lifetime.
This post originally appeared on the blog of data firm Statista and is republished here with permission.