Nintendo second-quarter profit hits eight-year high, powered by Switch sales

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It's still well sort of the original Wii, however, a wildly popular game system that saw more than 101 million unit sales over its lifetime.

That was Nintendo's highest quarterly sales since the second quarter of the year ending March 2011 but fell shy of the 36.6 billion yen average of estimates of seven analysts, according to Refinitiv data.

Nintendo sold 5.07 million of its Switch consoles over April-September.

Operating profit hit 30.9 billion yen (£214m) for the three-month period, up from 23.8 billion yen (£165m) past year.

To put the Switch numbers into perspective, the Wii sold 29.62 million units globally during the same opening retail period, compared to 22.86m. Which goes to show, the Switch hasn't broken the same ground it did this time past year. Mario Kart 8 Deluxe is the third-best selling Nintendo Switch title, with more than 11 million copies sold throughout its lifetime, and that isn't including the Nintendo Wii U version of the game.

With more massive releases on the horizon, like Diablo 3: Eternal Collection and Super Smash Bros.

Oil Prices Fall 2% on Rising Supply and Trade War
Analysts said oil prices were also supported by the upcoming USA sanctions against Iran's crude exports that will start on Nov 4. The report also showed that a tanker-tracking firm estimated Iran's losses in October at 100,000 bpd.

Nintendo has also been slow in offering online services for the Switch - which potentially offers a predictable revenue stream from a subscriber base - with Nintendo Switch Online launching last month.

What may help sales in the immediate future, though, is the release of a slew of new games, expected later this month.

Software has also been a huge hit, most notably with The Legend of Zelda: Breath of the Wild.

For the holidays, the Switch is sure to enjoy a huge boost in sales thanks to the game releases Nintendo has planned.

Ever since the Switch launched, the fate of the 3DS is something that has been subject to a lot speculation. I remember it being absolutely everywhere back in 2007, from TV adverts to shop windows, drawing in both old and new gamers - even my Gran loved it - but can the same really be said for the Switch? That includes DLCs and other contents for big titles that are already out.

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