Nintendo Co. reported a 29% rise in quarterly profit, as its earnings got a lift from solid demand for the Switch console during the year-end shopping season.
News headlines today: Jan. 30, 2020TOKYO -- Japanese video game maker Nintendo Co. reported Thursday a 29% rise in quarterly profit, as its earnings got a lift from solid demand for the Switch console during the year-end shopping season.
The Switch is a hybrid game machine that works both as a console and a tablet. More than 52 million Switch consoles have been sold since sales began about three years ago. Income from its mobile operations rose nearly 11% over the nine months through December, compared to the previous year, according to Nintendo.
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