Nintendo has released its April-June quarter earnings. While the numbers would be expected to be strong in such a slow period of time, revenue and profit are down by a year. This is not surprising considering that the company was riding high on video game demand during the COVID-19 pandemic and just released Animal Crossing: New Horizons.Switch hardware sales fell 21.7 percent, to 4.45million units. Software sales dropped 10.2 percent, to 45.29million units. Nintendo now has sold 89.04million Switch consoles. This is compared to the PS5's 10 million. Revenue fell 9.9% to 322.6 billion Japanese yen ($2.94 trillion), while operating profit was 119.6 million yen ($1.09billion), which is a 17.3 percent decline over the previous year.Last year, Nintendo sold over 10 million copies of Animal Crossing, nearly twice its previous quarter figures. However, there were no blockbuster Switch titles. New Pokmon Snap was sold in Japan at 2.07 million copies. The game is published by The Pokmon Company. Mario Golf: Super Rush also sold 1.34 million Animal Crossing copies. It has now been sold in excess of 34 million copies around the world.The Legend of Zelda Skyward Sword HD is Nintendo's most recent release. It was released last month. The launch of the OLED model in October will bring a significant increase in Switch hardware sales, even though the OLED model isn't offering the expected power upgrade. The Nintendo holiday quarter's games include Metroid Dread and WarioWare®: Get It Together. There are also Mario Party Superstars and remakes of Pokmon Diamond, Pearl, and Mario Party Superstars.
