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Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units

133d ago
Business
CNBC
Corporate environment
Nintendo has reported a doubling of its quarterly revenue, largely attributed to the strong performance of the Switch 2 console. Sales figures for the new hybrid console reached 5.8 million units. This successful launch has fueled investor optimism, with Nintendo shares experiencing a rally of approximately 40% year-to-date. The company's financial results indicate a significant positive impact from the new hardware, solidifying Nintendo's position in the gaming market. Analysts are closely watching the continued performance of the Switch 2 and its impact on the overall gaming landscape.
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