Nintendo sees profits soar as Zelda: Tears of the Kingdom surpasses 18M sales

Nintendo has had quite the year so far, with the Super Mario Movie smashing the box office and The Legend of Zelda: Tears of the Kingdom launching to rave reviews. All of that success has indeed translated into more money, with Nintendo enjoying its highest Q1 profits ever. 

During Q1 of Nintendo's fiscal year, the company obtained its higher Q1 profits ever, generating $1.3 billion in profit, and $3.2 billion in overall revenue. Nintendo's previous Q1 record came in 2020, shortly after the pandemic began, during which time the company garnered just over $1 billion USD.

The numbers here are boosted by the success of The Legend of Zelda: Tears of the Kingdom and the Super Mario Bros. Movie, which also generated around $1.3 billion at the box office. Nintendo's latest earnings report also revealed some staggering sales numbers for the latest Zelda title, which has now sold over 18 million copies since launching in May.

While the Nintendo Switch should be slowing down in sales this late into the generation, the console is still continuing to blaze past expectations. Just shy of four million Switch consoles were sold last quarter, a year-on-year increase of around 500,000 units.

Nintendo should continue to have a strong year thanks to a line-up of exclusives, including Super Mario Bros. Wonder, Super Mario RPG, Detective Pikachu Returns and more.

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KitGuru Says: The Nintendo Switch simply sold too well for Nintendo to ever consider a Pro version. Fortunately, Nintendo's next-gen console should be arriving in 2024, if recent reports are to be believed. 

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