Nintendo Profits Soar More Than 400%
Nintendo Profits Soar More Than 400%

Nintendo Profits Soar More Than 400% The gaming giant posted its earnings on Thursday, revealing $1.37 billion in operating profit for the second quarter of 2020.

Nintendo's sales have also doubled since this time last year, raking in about $3.4 billion.

The Nintendo Switch and its popular game, 'Animal Crossing: New Horizons,' continue to drive sales amid the ongoing COVID-19 pandemic.

The company sold about 5.7 million Switch's and 10.6 million copies of 'Animal Crossing: New Horizons' from April through June.

22.4 million copies of the game have been sold overall, making it Nintendo's second best-selling game of all time after 'Mario Kart 8 Deluxe.'

Nintendo plans to release new games this fall, including 'Pikmin 3 Deluxe' and new content for Pokémon enthusiasts.