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Nintendo Reports Drop In Sales For Q1- Should We Be Worried?

Semiconductor shortages puts a strain on console production.

Nintendo has released its financial results for the three months ended June 2022, reporting an operating profit loss and a drop in both hardware sales and software sales.

In terms of its net sales, Nintendo reported a total of 307.4 billion yen, which is down by 4.7% YoY. Hardware sales specifically totalled 3.43 million units, signalling in a drop of 22.9% YoY, while software sales totalled 41.41 million units, dropping 8.6% YoY.

Read the full article on nintendolife.com

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