Nintendo has released its financial earnings report for the three month period ended on June 30, 2017. It's a damned good report for Nintendo. The company's revenue came to a whopping 154 billion yen ($1.37 billion), up 148 percent from the same period last year. Net profit came to 21 billion yen ($189 million).
Shipments of the Nintendo Switch have reached 4.7 million units worldwide. 2.74 million of that was sold within the previous reporting period during the launch month of March, meaning Nintendo has sold 1.96 million units over the past three months.
Given the stock situation in stores, it seems we're backing up against Nintendo's production limits. That 1.96 million is a good start towards Nintendo's target of 10 million sold during the quarter, but if the company wants to reach that over the next nine months, it needs to increase production to meet demand.
When it comes to software, Mario Kart 8 Deluxe is another monster in the best-selling franchise for Nintendo. The upgraded release of Mario Kart 8 sold 3.54 million copies since its debut in April. In contrast, The Legend of Zelda: Breath of the Wild is at 3.92 million units sold, but 2.76 million of that was sold in the Switch's launch month of March. Following behind is ARMS, which sold 1.18 million copies worldwide.
Fire Emblem Echoes was the only major 3DS release during the period, with the system selling 950,000 units worldwide.
Mobile is still a winner for Nintendo, with Super Mario Run and Fire Emblem Heroes leading to solid revenue. The mobile division of the company made 9 billion yen ($80 million), up 450 percent year-over-year.
Heading into the next quarter and beyond, Nintendo is poised to increase sales. The Nintendo Switch is currently playing host to Splatoon 2, with Super Mario Odyssey coming in October. The New Nintendo 2DS XL, alongside the release of Hey! Pikmin and Miitopia will also boost Nintendo's July, while Pokemon Ultra Sun/Moon will be coming in November. Nintendo will also be shipping the Super Nintendo Entertainment System: Super NES Classic Edition in September.