Quartz·1 min read·medium
Nintendo beat earnings expectations even as Switch 2 hardware sales slumped
✦AI Summary
Nintendo reported a significant increase in operating profit despite a decline in Switch 2 hardware sales. The company's financial performance was bolstered by a $300 million tariff refund and the commercial success of the Super Mario movie.
Operating profit more than doubled year-over-year, helped by a tariff refund of roughly $300 million and a hit Super Mario movie
businessentertainment
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