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Nintendo profits are down 61% over last year

nintendo-stock-chart

Several big announcements about upcoming Nintendo hardware and software were made today due to Nintendo’s financial results meeting. While those announcements were bittersweet for many Nintendo fans, the writing is on the wall concerning the financial report. Profits are down 61% compared to last year. The fiscal year ending on March 31 dropped ¥16.5 billion from the ¥41.8 billion achieved the previous year.

There is a bright spot in this news for the company, though. Digital sales for the company are up nearly ¥13 billion from the previous year, with ¥44 billion in sales this year compared to ¥31 billion last year.

Additionally, amiibos have sold 24.70 million, while the card-based amiibos have sold 28.70 million.

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