Nintendo specifically mentioned that better than expected demand for the Switch console has lead them to this decision to ramp up production. Shares of Nintendo were up 1.69% in Japanese trading and the stock is up nearly 10% since the day before the Switch console launched.
Friday, 17 March 2017
Nintendo Doubles Production of the Nintendo Switch
Nintendo has announced that they will double production of the new Switch console from 8 million to 16 million in their next fiscal year beginning on April 1. This comes on the back of news that Nintendo had sold nearly 1.5 million Switch consoles in its first week of sales.
Nintendo specifically mentioned that better than expected demand for the Switch console has lead them to this decision to ramp up production. Shares of Nintendo were up 1.69% in Japanese trading and the stock is up nearly 10% since the day before the Switch console launched.
Nintendo specifically mentioned that better than expected demand for the Switch console has lead them to this decision to ramp up production. Shares of Nintendo were up 1.69% in Japanese trading and the stock is up nearly 10% since the day before the Switch console launched.
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