Nintendo's third quarter profit jumps on Pokemon game sales
TOKYO (AP) — Japanese video game maker Nintendo Co.'s third-quarter profit more than doubled from a year earlier on healthy sales of Pokemon game software, the company said Tuesday.
Nintendo's bottom line also was helped by a relatively weak yen, which lifts the overseas revenue for Japanese companies like Nintendo that do much of their business abroad.
Nintendo has a lot riding on the Switch, the new game system that combines a portable hand-held device with a dock to use at home, and comes with detachable controllers.