Nintendo reported quarterly sales for the first fiscal quarter ended June 30 were $2.31 billion, down 4.7% from $2.42 billion a year ago.
Net profits, however, were $894.3 million, up 28.3% from $697.1 million a year earlier. Slumping Switch sales were to blame for the lower revenue. The Kyoto, Japan-based company said it sold 3.43 million Switch consoles in the quarter, down from 4.45 million for the same period a year earlier. All told, Nintendo sold 23 million Switch machines last year.

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