Nintendo’s profits fall 19 per cent as a Covid-19 pandemic-fuelled video gaming boom wanes

//Nintendo’s profits fall 19 per cent as a Covid-19 pandemic-fuelled video gaming boom wanes

Nintendo’s profits fall 19 per cent as a Covid-19 pandemic-fuelled video gaming boom wanes

Japanese video game maker Nintendo’s profit dropped 19 per cent in the first half of its fiscal year from the previous year, when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products.Kyoto-based Nintendo Co reported Thursday a 171.8 billion yen (US$1.5 billion) profit for the April-September period, down from 213 billion yen in the same period the previous year.Fiscal half sales slipped 19 per cent to 624 billion yen (US$5.5 billion). It did not…

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By | 2021-11-05T02:36:49+00:00 November 5th, 2021|Technology|Comments Off on Nintendo’s profits fall 19 per cent as a Covid-19 pandemic-fuelled video gaming boom wanes