Nintendo’s Animal Crossing: New Horizons became a hit in 2020 while people were stuck at home during the pandemic, but as the video gaming boom has worn off, the company’s profits have fallen. Photo: AFP
Nintendo’s Animal Crossing: New Horizons became a hit in 2020 while people were stuck at home during the pandemic, but as the video gaming boom has worn off, the company’s profits have fallen. Photo: AFP
Nintendo

Nintendo’s profits fall 19 per cent as a Covid-19 pandemic-fuelled video gaming boom wanes

  • Nintendo’s fiscal half sales fell to US$5.5 billion this year, but new titles The Legend of Zelda: Skyward Sword HD and Pokémon Snap have sold well
  • Video game sales soared while people were stuck at home during the pandemic last year, which helped turn Animal Crossing: New Horizons into a viral hit

Nintendo’s Animal Crossing: New Horizons became a hit in 2020 while people were stuck at home during the pandemic, but as the video gaming boom has worn off, the company’s profits have fallen. Photo: AFP
Nintendo’s Animal Crossing: New Horizons became a hit in 2020 while people were stuck at home during the pandemic, but as the video gaming boom has worn off, the company’s profits have fallen. Photo: AFP
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