Nintendo's Switch console is bringing back the good times at the company
So far, 2017 has been a stellar year for Nintendo. From the time of its release in late March, Nintendo's newest console - The Switch - has sold 7.6 million units. This, combined with the popularity of The Legend of Zelda: Breath of the Wild" and "Mario Kart 8 Deluxe" have helped boost the company's revenue.
It doesn't seem like its good fortune is going to come to an end anytime soon either. Nintendo expects to sell 14 million units of the Switch console in its first year. To put that into context, its predecessor, the Wii U, sold only 13.56 million units during its five-year lifetime. And as we can see in this chart from Statista, Nintendo's projected operating profit for 2018 is roughly double what the company reported in 2017.