The big picture: The increase in revenue fueled by the pandemic appears to have subsided as Nintendo looks more like its old self in its latest financial statement. This in itself is not bad, but not a spike in Covid-19 sales either.
In the three-month period ending June 30, 2021, Nintendo sold out 4.45 million switch units and 45.29 million software units. During the same period a year ago (when the pandemic was escalating and orders for couch potatoes were in force), Nintendo sold 5.68 million Switch consoles and 50.43 million software.
Switch sales are currently 89.04 million units.
Nintendo shares fell 1.59 percent from yesterday’s close to $ 63.81.
Despite the return to reality, Nintendo is in a very strong position on the cusp of the final stretch of 2021. Legend of Zelda: Skyward Sword was released on July 16, along with WarioWare: Get It Together! Comes out September 10th. Metroid Dread will release on October 8, Mario Party Superstars on October 29, and Pokémon Brilliant Diamond and Pokémon Shining Pearl will end the year on November 19.
However, that’s not all, as Nintendo is also gearing up to release an updated version of the Switch with an OLED panel in October and a limited edition version of Game & Watch: The Legend of Zelda with four games coming out in November. 12.