DIRS.INFO The most relevant business & tech news

☆ Nintendo hikes profit forecast as Switch battles on
▼ + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. Nintendo sold 6.84 million Switch units in the first six months of the financial year, a slight increase on the 6.68 million units it sold in the same period last year. Reuters GraphicsNintendo's broad pop culture appeal has also been underscored by the success of a Super Mario Bros. movie. Nintendo maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. Nintendo's line-up for the critical year-end shopping season will likely also be bolstered by some new additions including "Super Mario RPG", which launches on Nov. 17.

Persons: Claudia Greco, Zelda, Mario, Shuntaro Furukawa, Sam Nussey, David Dolan, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Reuters, Mario Bros, Thomson Locations: Paris, France, TOKYO, Kyoto

TOKYO (AP) — Nintendo is developing a live-action film based on its hit video game “The Legend of Zelda,” the Japanese company behind the Super Mario franchise said Wednesday. It’s being co-produced by Nintendo and Arad Productions Inc., which is behind the live-action Spider-Man films and headed by Avi Arad. Its animation film “The Super Mario Bros. Movie,” released earlier this year, has raked in more than $1.3 billion and drew nearly 170 million people worldwide. Political Cartoons View All 1237 ImagesThe planned release date of the Zelda movie was not announced. Nintendo officials said the success of the Super Mario film has translated into bigger sales for its Switch machines, as well as for game software with Super Mario themes.

Persons: Zelda, ”, Wes Ball, It’s, Avi Arad, Mario, Shuntaro Furukawa, Shigeru Miyamoto, “, Miyamoto, Donkey Kong, ___ Yuri Kageyama Organizations: TOKYO, Nintendo, Super Mario, Sony Pictures Entertainment, Arad Productions Inc, Mario Bros, Universal Studios Locations: American, Kyoto, U.S, Hollywood, Orlando, Japan

☆ Nintendo hikes profit forecast as Mario movie, Zelda game breathe new life into Switch console
▼ + stars: | 2023-11-07 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

A statue of Nintendo's video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan. Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday, as it continues to get a bump from the "Super Mario Bros. Movie" and flagship Zelda game released this year. Here's how Nintendo did in its fiscal second quarter versus LSEG estimates:Revenue: 334.9 billion Japanese yen ($2.2 billion) versus 317.3 billion yen expected. Net profit: 90.3 billion yen versus 75.7 billion yen expectedNintendo's revenue fell 4% year-on-year and its profit dropped 19%. For the six month period of April to September, Nintendo reported a 21.2% year-on-year rise in revenue to 796.2 billion yen while net profit jumped 17.7% to 271.2 billion yen.

Persons: Mario, Zelda Organizations: Nintendo, Mario Bros Locations: Tokyo, Japan

☆ Nintendo to develop 'Zelda' movie in latest entertainment push
▼ + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

The logo of the Nintendo is displayed at Nintendo Tokyo, the first-ever Nintendo official store in Japan, at at SHIBUYA PARCO department store and shopping mall complex, during a press preview in Tokyo, Japan November 19, 2019. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Nov 8 (Reuters) - Nintendo (7974.T) said on Wednesday it will develop a live-action film of long running franchise "The Legend of Zelda" in the Kyoto-based firm's latest push beyond its core gaming business. The two men have been working on an adaptation of the "Zelda" franchise for many years but the movie will take time, according to posts on social media by Nintendo. Nintendo said on Tuesday it had sold 19.5 million units of the latest "Zelda" game at September-end as the series continues to deliver hits almost 40 years after its first installment. The "Zelda" movie development comes at a time of renewed appetite for adaptations of Japanese franchises globally, with examples including Netflix's recently launched adaptation of long running pirate manga series "One Piece".

Persons: Issei Kato, Zelda, Mario, Shigeru Miyamoto, Avi Arad, Wes Ball, Sam Nussey, Sandra Maler Organizations: Nintendo, Nintendo Tokyo, REUTERS, Rights, Sony, Thomson Locations: Japan, SHIBUYA PARCO, Tokyo, Kyoto

April-September profit at Nintendo Co., which didn’t break down quarterly results, totaled nearly 271.3 billion yen ($1.8 billion), up from 230 billion yen a year earlier. Sales surged 21% to 796 billion yen ($5.3 billion). Ahead of the holidays, Nintendo is planning to release the “Super Mario RPG” game software and Pokemon games. Nintendo, based in Kyoto, started selling “Super Mario Bros. Wonder” last month, as the first totally new Super Mario series game played in side-scrolling mode in more than a decade. Nintendo raised its full fiscal year profit forecast to 420 billion yen ($2.8 billion) from the 340 billion yen ($2.3 billion) estimate it gave in May.

Persons: Mario, “ Mario, Zelda, ”, it’s, ___ Yuri Kageyama Organizations: TOKYO, — Nintendo, Nintendo Co, Nintendo, Mario Bros, “ Mario Kart, U.S Locations: ”, Kyoto

☆ Mario Can’t Be Super Without Psychedelic Power-Ups
▼ + stars: | 2023-10-17 | by ( Zachary Small | More About Zachary Small | ) www.nytimes.com time to read: 1 min

Oct. 17, 2023Early into his newest adventure, Mario transforms into a large elephant. It’s not a costume like those in previous Super Mario video games, where acrobatics are imbued in the cat suits, penguin wings and frog legs worn by the Mushroom Kingdom’s savior. Zowie!”That peculiar power-up, which lets Mario use his trunk to swat enemies and water benevolent flowers, is just one spectacle in the eccentric Super Mario Bros. Wonder, which arrives Friday for the Nintendo Switch. But by turning its star into an elephant, Nintendo is also acknowledging a simple fact of its Goomba-stomping, Koopa-kicking empire: Mario himself is a little boring. The smorgasbord of power-ups is what keeps players excited.

Persons: Mario Organizations: Nintendo

☆ 'Taylor Swift: The Eras Tour’ concert film set for global theatrical release
▼ + stars: | 2023-09-26 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Taylor Swift performs onstage during her The Eras Tour concert at Lumen Field in Seattle, Washington, on July 22, 2023. Taylor Swift's highly anticipated concert film is getting a global release. "Been so excited to tell you all that The Eras Tour concert film is now officially coming to theaters WORLDWIDE on Oct 13!" "Taylor Swift: The Eras Tour" is set to screen in more than 100 countries, starting in most of them on Oct 13. Swift's successful foray into film comes after her The Eras Tour, along with other concert tours, filled stadiums across the country, boosting local economies.

Persons: Taylor Swift, Lumen, Taylor Swift's, Swift, Barbie, Mario, — CNBC's Sarah Whitten Organizations: AMC Entertainment, Odeon Cinemas, AMC, American, Mario Bros Locations: Seattle , Washington, U.S, Canada, Mexico, North America, Europe

☆ Barbie toy sales shoot up 25% after film’s release
▼ + stars: | 2023-09-13 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +2 min

New York CNN —The ‘Barbie’ movie, which turned into a global box office phenomenon in a matter of weeks, appears to be energizing sales of Barbie toys after its summer release. “That’s a significant increase,” said Jaime Katz, an analyst with Morningstar who covers Barbie toy maker, Mattel. Demand for Barbie products from the movie’s record-making success isn’t surprising. Although the Circana data didn’t breakout sales data for Barbie dolls, Katz said Barbie doll sales were growing well even before the movie release. “This could pose a problem in 2024, when Mattel is lapping elevated movie-related Barbie sales,” she said.

Persons: Barbie, ”, Jaime Katz, Morningstar, Greta Gerwig, Mario, Ken, Ynon Kreiz, Katz Organizations: New, New York CNN, Mattel, “, Warner Bros . Discovery Locations: New York

☆ Taylor Swift could change the movie theater industry with her Eras Tour concert film — here's how
▼ + stars: | 2023-09-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +9 min

Despite placing her previous documentaries and concert films on streaming services in the past, the iconic pop star opted to deliver her Eras Tour film directly to cinemagoers this October. Of course, the theater company will generate significantly more than that in concession sales, perhaps the real upside to Swift's film release. "Taylor Swift, being a cultural powerhouse and shaper of new business models, may have a hand in bringing back the old-school style concert film." Swift's concert film seems destined to overtake the current record holder for a theatrical concert film. Miley Cyrus' "Best of Both Worlds" concert film tallied $31.1 million during its opening weekend back in 2008, appearing in around 680 locations.

Persons: Taylor Swift, Shawn Robbins, Swift, Oppenheimer, They're, Cinemark —, It's, Robbins, Beyonce, Adele, Mario, Michael O'Leary, Paul Dergarabedian, Miley Cyrus, Taylor Organizations: T, Fort Worth Star, Tribune, Service, Getty, BoxOffice.com, Screen Actors Guild, American Federation of Television, Radio Artists, National Football League, Sony, Disney, Warner Bros, AMC, Universal, Swift, Mario Bros, National Association of Theatre Locations: Arlington , Texas, Cincinnati , Ohio

☆ 'Oppenheimer' shows Christopher Nolan is the prestige box office hero Hollywood needs
▼ + stars: | 2023-08-29 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

LOS ANGELES — Christopher Nolan's films, from "The Dark Knight" to "Inception," have been a force at the box office for a solid two decades. As of Sunday, the dizzying, dialogue-heavy three-hour epic has generated around $300 million at the domestic box office, the fifth-most this year, and topped $777 million globally, the fourth-highest, since its July 21 debut. And that's without ever being the number one film at the domestic box office. "Oppenheimer" is Nolan's third highest-grossing domestic release, behind 2008's "The Dark Knight" and 2012's "The Dark Knight Rises." Both "The Dark Knight" and "The Dark Knight Rises" generated more than $1 billion at the global box office.

Persons: Christopher Nolan's, Oppenheimer, Mario, Nolan, Cillian Murphy, Robert Downey Jr, Angel Studio's Organizations: ANGELES, Warner Bros, Mario Bros, Universal, year's, Legendary Entertainment Locations: what's, Hollywood, Dunkirk

☆ ‘Barbie’ is Warner Bros.’ highest-grossing global release ever
▼ + stars: | 2023-08-29 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

Comscore estimated a global total of $1,341,854,460 through Monday for “Barbie.”On Monday, Warner Bros. said “Barbie” will pass “Harry Potter” to become its highest grossing film globally. “Barbie” and the “Harry Potter” films are distributed by Warner Bros. Pictures, which is owned by CNN’s parent company, Warner Bros. A blockbuster summerJust last week, “Barbie” surpassed “Super Mario Bros.” as the highest-grossing movie at the domestic box office this year. “Barbie” also was crowned Warner Bros. Discovery’s highest-grossing domestic release, beating out “The Dark Knight” in 2008. In late August, “Blue Beetle” — also distributed by Warner Bros. Pictures — unseated “Barbie” from the top of the US box office.

Persons: ”, Harry Potter, Greta Gerwig’s “, “ Barbie, Harry Potter ”, “ Barbie ”, Barbie ’, Paul Dergarabedian, ” Dergarabedian, Dergarabedian, Mario, “, Knight ”, Gerwig, — Organizations: New, New York CNN, Warner Bros, Disney, Star Wars, Office, Century Fox, Warner Bros . Pictures, Warner Bros ., Mattel, Discovery’s Locations: New York

☆ 'Barbie' is about to pass 'Super Mario Bros.' and become the world's biggest movie of 2023
▼ + stars: | 2023-08-26 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

"Barbie" is poised to overtake Super Mario globally after becoming the biggest US movie this year. "Barbie" is Warner Bros.' most successful US release and is about to become its biggest film ever. The Greta Gerwig-directed film about Mattel's plastic doll surpassed "The Super Mario Bros. Movie" domestically with a $575.4 million gross, according to data seen by The Hollywood Reporter and Deadline . Warner Bros./Universal"Barbie" is now Warner Bros'. Nolan's latest three-hour epic has performed very well at the box office, taking almost $725 million, per Box Office Mojo.

Persons: Greta Gerwig, Mario, Barbie, pip Mario, execs, Margot Robbie, Ryan Gosling, Gerwig, Oppenheimer, Christopher Nolan's, Harry Potter, Jennifer Lee, Chris Buck, Noah Baumbach, Matt Winkelmeyer, Robbie, Gosling Organizations: Super Mario, Warner Bros, Mario Bros, Hollywood, Mojo, Variety, Staff, Getty, Australian

☆ 'Barbie' passes 'Super Mario Bros.' and becomes America's highest-grossing movie of 2023
▼ + stars: | 2023-08-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —“Barbie” is now the highest-grossing movie at the domestic box office this year, taking the crown away from “Super Mario Bros.”According to studio estimates, “Barbie” has made $575.4 million at the American box office as of Thursday, edging past Mario’s domestic haul of $574.2 million. “Barbie’s” run to the top was faster than “Mario’s,” reaching the record-breaking title in only 34 days since its release. It took Mario, Luigi and the gang 138 days to cross the $574.2 million benchmark in the United States, according to Deadline. It also placed director Greta Gerwig as the highest-grossing female movie director in history. “Barbie” and “Blue Beetle” are distributed by CNN’s parent company, Warner Bros.

Persons: New York CNN — “ Barbie ”, Mario, “ Barbie ”, Luigi, ”, Paul Dergarabedian, Greta Gerwig, “ Barbie Organizations: New, New York CNN, “, Warner Bros, Discovery’s, CNN, DC, Warner Bros . Locations: New York, ”, United States

☆ 'Barbie' is now the highest-grossing domestic film release in 2023
▼ + stars: | 2023-08-24 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Discovery topped $575.4 million at the domestic box office Wednesday, making it the highest-grossing movie of the year in North America. The movie based on the iconic doll surpassed Universal's "The Super Mario Bros. Movie," which previously held the title with its $574 million haul. "Barbie" is also inching closer to grabbing the crown for highest-grossing global release this year. It has tallied $1.3 billion worldwide, nearing the $1.35 billion "The Super Mario Bros. Movie" has generated since its April release. NBCUniversal is the distributor of "The Super Mario Bros.

Persons: Greta Gerwig, Mario, Barbie, NBCUniversal Organizations: Mattel, Warner Bros, Mario Bros, Comcast, CNBC Locations: America, North America, NBCUniversal

☆ 'Barbenheimer', rains in Northern Europe spur Kinepolis sales
▼ + stars: | 2023-08-17 | by ( Olivier Sorgho | ) www.reuters.com time to read: +1 min

Aug 17 (Reuters) - Belgian cinema operator Kinepolis (KIPO.BR) said on Thursday July was one of its best months in terms of sales as blockbuster films "Barbie" and "Oppenheimer", along with rainy weather in Northern Europe, lured people into cinemas. "Here in... Northern Europe, we essentially had in the month of July good cinema weather, meaning a lot of rain," Duquenne said. Duquenne said that in Spain, where Kinepolis owns 10 cinema complexes, people "often come to the cinemas because we do have air conditioning". On Thursday, Kinepolis posted record half-year sales, as attendance at its cinemas grew 22.8% year-on-year to 16.8 million visitors. That figure still fell short of pre-pandemic levels, standing at 74.8% of the attendance in the first half of 2019, excluding the cinemas Kinepolis took over and inaugurated.

Persons: Oppenheimer, Eddy Duquenne, Mario, Barbie, Duquenne, Kinepolis, Olivier Sorgho, Devika Organizations: Mario Bros, Thomson Locations: Belgian, Northern Europe, ., Belgium, Netherlands, United States, Spain

☆ 'Barbie' beats Batman, becomes Warner Bros.' highest-grossing domestic release
▼ + stars: | 2023-08-16 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

On Tuesday "Barbie" topped $537 million, making it the highest-grossing domestic movie in Warner Bros. The bubblegum pink collaboration between filmmaker Greta Gerwig, Mattel and Warner Bros. has collected more than $1.2 billion at the global box office since its July 21 release. It is the first billion-dollar film for the newly minted Warner Bros. Universal's "The Super Mario Bros. Movie" has topped $1.3 billion since its April debut. Box office analysts expect "Barbie" to continue to collect box office receipts in the weeks to come, as it faces limited competition from new releases and rides a wave of positive word of mouth.

Persons: He's, Christopher Nolan's, Greta Gerwig, Mario, Nolan's, Oppenheimer, Barbie, Margot Robbie Organizations: Warner Bros, Mattel, Warner Media, Discover, Mario Bros, Comcast, CNBC Locations: NBCUniversal

☆ Will Hollywood Learn These 5 Lessons From ‘Barbie’?
▼ + stars: | 2023-08-14 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +2 min

But can the runaway success of “Barbie” reshape Hollywood? I’m too cynical to think studio executives will learn all the right lessons from it. Still, “Barbie” proved at least five things to be true, if decision makers are willing to think outside the pink box. A summer movie can be smartly writtenWe count on summer movies to deliver spectacle, but how many also come with a witty, thoughtful script? “Barbie,” by contrast, feels totally thought through instead of frantically rewritten.

Persons: Greta Gerwig’s, Barbie ”, Mario, it’s, Jim Carrey, “ Barbie, they’ll, “ Barbie ”, “ Frances Ha ”, America, Gerwig, Noah Baumbach, Barbie Organizations: Mario Bros

☆ ‘Barbie’ on track to become highest grossing domestic film of the year
▼ + stars: | 2023-08-13 | by ( Jennifer Korn | ) edition.cnn.com time to read: +2 min

Trailing behind “The Super Mario Bros. Movie” by an estimated $48 million, writer-director Greta Gerwig’s “Barbie” appears destined to gain the top spot for highest grossing domestic film of 2023. While “Pink Fever” has slowed in the last week, “Barbie” is estimated to have earned $33.7 million this weekend to maintain its stronghold in the theaters. The comedy about the iconic doll is estimated to have reached $525 million domestic and nearly $1.2 billion worldwide. “Barbie” took in $10 million Friday alone, earning an average above $11.3 million per day from August 5-11. “Barbie” passed the $500 million domestic mark in the middle of its third week, while “The Super Mario Bros. Movie” needed more than five weeks to reach the milestone.

Persons: New York CNN — “ Barbie ”, Mario, Greta Gerwig’s “ Barbie ”, “ Barbie ”, Paul Dergarabedian, “ Oppenheimer, ”, “, Barbenheimer, “ I’ve, Barbie ’, ‘ Barbie ’, ‘ Oppenheimer, ’, Margot Robbie, “ Barbie Organizations: New, New York CNN, Mario Bros, CNN, Collider, Warner Bros, Warner Bros . Locations: New York, North America

☆ 'Barbie' to top $1 billion at the global box office Sunday
▼ + stars: | 2023-08-06 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Discovery and Mattel will top $1 billion in global ticket sales, before the end of the weekend, according to estimates from the studio. Gerwig joins Anna Boden, co-director of Disney's "Captain Marvel," as the only two women to helm a live-action billion-dollar film. Universal's "The Super Mario Bros. Movie" has topped $1.3 billion since its April debut. Each film tallied less than $200 million in domestic box office receipts. "The box office powerhouse isn't done yet as the coming weeks offer little in the way of direct competition, giving 'Barbie' plenty of runway to continue building on this success," Robbins said.

Persons: Barbie, Shawn Robbins, Greta Gerwig, Gerwig, Anna Boden, Marvel, Jennifer Lee, Chris Buck, Mario, Paul Dergarabedian, Indiana Jones, Robbins Organizations: Warner Bros . Discovery, Mattel, Disney, Warner Bros, Mario Bros, Comscore, Furious, Comcast, CNBC Locations: Comscore, NBCUniversal

☆ Warner Bros movie 'Barbie' ticket sales top $1 billion
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, Aug 6 (Reuters) - Box-office ticket sales of the movie "Barbie" topped $1 billion in the United States and worldwide since its debut more than two weeks ago, Warner Bros. Pictures, a unit of Warner Bros. Discovery (WBD.O), announced on SundayIn a statement, Warner Bros. said the movie took in $459 million from domestic theaters and another $572.1 million overseas over the weekend, for a total of $1.0315 billion. "As distribution chiefs, we're not often rendered speechless by a film's performance, but Barbillion has blown even our most optimistic predictions out of the water," said Jeff Goldstein, president of domestic distribution for Warner Bros. Pictures, and Andrew Cripps, president of international distribution. "Barbie" ticket sales ranked second this year to "The Super Mario Bros," which was released in April and raked in a total of $1.357 billion at the box office. Reporting by Gertrude Chavez-Dreyfuss; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: we're, Jeff Goldstein, Andrew Cripps, Oscar, Greta Gerwig, Margot Robbie, Ryan Gosling, Barbie, Ken, Mattel, Mario Bros, Gertrude Chavez, Dreyfuss, Leslie Adler Organizations: Warner Bros . Pictures, Warner Bros ., Warner Bros, Thomson Locations: United States

☆ Hollywood is helping boost the economy as fans flock to 'Barbie,' 'Oppenheimer,' and Taylor Swift's Eras Tour
▼ + stars: | 2023-08-05 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +5 min

Taylor Swift's Eras Tour and "Barbenheimer" have been key drivers of consumer spending this year. "The Super Mario Bros. Movie" has also boosted theaters that are still struggling post-pandemic. "'Barbenheimer' likely drove the continued surge in year-on-year entertainment spending growth," analysts Shruti Mishra and Aditya Bhave wrote in a note. Nintendo/Universal"The Super Mario Bros. Bringing some more optimism to global economies is "The Super Mario Bros. Movie" — an animated adaptation of the Nintendo video game.

Persons: Taylor, Mario, quieten, hasn't, Swift, Barbie, Oppenheimer, Taylor Swift, Taylor Hill, Jamie Cox, Covid, Cox, Shruti Mishra, Aditya Bhave, Greta Gerwig's, Zelda Organizations: Mario Bros, Service, Hollywood, Federal Reserve, Institute, Harris Financial Group, Bank of America, AMC, Nintendo Locations: Wall, Silicon, Cincinnati , Ohio, what's, Philadelphia

☆ Nintendo earnings: Analyst says there's a possibility of a revenue deferral or a 'bad deal'
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNintendo earnings: Analyst says there's a possibility of a revenue deferral or a 'bad deal'David Gibson, senior research analyst at MST Financial, discusses the company's earnings and the revenue generated from "The Super Mario Bros.

Persons: David Gibson, Mario Organizations: Nintendo, Mario Bros

☆ 'Zelda' sales breakout juices Nintendo's aging Switch
▼ + stars: | 2023-08-03 | by ( Sam Nussey | ) www.reuters.com time to read: +3 min

Attendees use a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 29, 2019. Nintendo said it sold 18.51 million units of "Tears of the Kingdom" in the first quarter. The results underscore Nintendo's success in extending the life of the aging Switch system, which has sold almost 130 million units, and using its roster of popular characters to boost revenue beyond the core gaming business. The Kyoto-based gaming firm maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. First-quarter operating profit leapt 82% on a year earlier to 185.4 billion yen with sales of first-party software at record highs.

Persons: Benoit Tessier, Mario, Zelda, Serkan Toto, Shuntaro Furukawa, Pikachu, Sam Nussey, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Mario Bros, Kantan, Thomson Locations: Paris, France, TOKYO, Kyoto

☆ Super Mario movie and Zelda game breathe fresh life into Switch as Nintendo posts a 52% profit surge
▼ + stars: | 2023-08-03 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo reported a surge in revenue and operating profit for the June quarter boosted by the success of the "Super Mario Bros. Movie" and the the popularity of its latest Zelda game for the Switch console. Here's how Nintendo did in its fiscal first quarter versus Refinitiv estimates:Revenue: 461.34 billion yen ($3.2 billion) versus 395.40 billion yen expected. Net profit: 181.02 billion yen versus 109.91 billion yen expected. Operating profit came in at 185.44 billion yen, ahead of expectations, jumping 82.4% year-on-year. Nintendo previously forecasted its revenue for the current fiscal year, which ends in March 2024, at 1.45 trillion yen and 340 billion yen of profit.

Persons: Mario, Zelda Organizations: Nintendo, Mario Bros, Universal Studios

☆ ‘Zelda’ sales breakout juices Nintendo’s aging Switch
▼ + stars: | 2023-08-03 | by ( ) edition.cnn.com time to read: +2 min

Tokyo CNN —Japan’s Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter, exceeding sales in the same period a year earlier, boosted by the runaway success of its latest “Zelda” title. Nintendo (NTDOF) said it sold 18.51 million units of “Tears of the Kingdom” in the first quarter. The Kyoto-based gaming firm maintained its full-year forecast for the console of 15 million units. It sold 17.97 million units in the previous financial year. Nintendo’s shares have delivered a more than three-fold return, including dividends, since the Switch went on sale in major markets in March 2017, outperforming the benchmark Nikkei’s 91% return over the same period.

Persons: Zelda, Mario, ”, Serkan Toto, Pikachu Organizations: Tokyo CNN —, Nintendo, Mario Bros, Kantan Locations: Kyoto

Search resuls for: "Super Mario Bros"

25 mentions found