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  • fresh evidence Thursday of boom times for the gaming industry.

  • That's in an upbeat outlook from Nintendo.

  • The Japanese firm said it expects to sell 24 million of its switch consoles in the year ending March 2021.

  • That's up from an earlier prediction of 19 million, and it's still seen as cautious by analysts.

  • It comes as people look for ways to entertain themselves at home in.

  • Tendo also raised its profit forecast by 50% to $4.3 billion.

  • Operating profit for July to September more than doubled from a year before, to around $1.4 billion.

  • Sales of the switch had been high 12.5 million was sold in the first half.

  • Even so, Nintendo has been reluctant to increase its forecasts.

  • The company believes the boost from consumers stuck at home could prove to be short lived.

  • A new gaming machines due to enter the market will soon provide a challenge to Nintendo.

  • Sony and Microsoft are scheduled to release their new consoles, the PlayStation five and Xbox.

fresh evidence Thursday of boom times for the gaming industry.

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Nintendo raises Switch forecast on gaming boom

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    林宜悉 posted on 2020/11/06
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