Jan 31, 2017

Pokemon helps Nintendo pocket profits

The Japanese gaming giant saw profits of 64.7bn yen in the three months to December. As well as its mobile-only Pokemon Go and Super Mario Run games, Nintendo enjoyed healthy sales of Pokemon titles for its 3DS handheld devices. Some analysts believe the device - which attempts to merge home and mobile gaming - could be Nintendo's last shot at selling a home console, after the Wii U proved a flop. It was rapidly outsold by Sony's PS4 and Microsoft's Xbox One, although Nintendo has enjoyed success with its handheld 3DS device. Like many Japanese exporters, Nintendo benefitted from the stronger dollar, which means its overseas profits are worth more when repatriated.

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