"NINTENDO FY23" content on TweakTown - Page 1

Nintendo ends its Fiscal Year 2023 period with $12 billion revenues, $8.98 billion cash and cash equivalents, and $17 billion in total net assets.

Nintendo vs PlayStation hardware showdown: With new updated PS5 and Switch sales figures, we take a closer look at how these historical platforms compete.

Nintendo's first-party game sales made up 81% of total software revenues since the Switch's launch to present, representing over $27 billion in earnings.

New data from Nintendo shows that the company has sold over 555 million handhelds and over 406 million consoles thanks to the Switch's hybrid hardware.

Nintendo has now sold over 1 billion games on its Switch handheld-console family of devices, platform helped Nintendo make $34 billion from software.

Nintendo deliver $11.84 billion in net sales throughout FY23, representing a steep $3 billion decline as both hardware and software dip by billions.

Nintendo has generated over $62 billion from the Nintendo Switch platform since March 2017 to present, including software, hardware, and subscriptions.

Nintendo delivered a strong quarter with its Q2'23 results achieving $2.41 billion in net sales, driven primarily by software across the digital space.

The Nintendo Switch has reached over 114 million units shipped and is expected to beat the PlayStation 4's total lifetime shipments by year's end.

Nintendo forecasts substantial drops in hardware, software, and overall earnings for FY23 as it focuses on a new Switch model.