The Switch's selling point is its flexibility: it is essentially a tablet that can be docked at a TV for gaming at home but also converts to a mobile gamepad so players can take their games on the go.
On top of that, Sales of Zelda: Breath of the Wild helped out quite a bit, with 2.76 million Switch copies being sold and 1.08 million Wii U copies sold.
First up are the hardware sales numbers.
Nintendo has sold a total of 12.74 million units of the Switch. From there, he recorded his own footage of The Legend of Zelda: Ocarina of Time 3D from the Nintendo 3DS and displayed it back as side-by-side footage on YouTube.
Nintendo 3DS hardware sold 7.27 million units worldwide, a 7 percent increase year-on-year that was driven by Pokémon Sun and Pokémon Moon which has now sold 15.44 million copies sold. Nintendo also credits Niantic's Android and iOS exclusive Pokémon Go for bolstering interest in and sales of Pokémon-related software in general. The company booked net profit of Yen16.5 billion in the year-earlier term that ended March last year.
Overall, software sales for the Switch hit more than 5.46 million units. Remember Meme Run? If you don't, good, but it's the ideal example of just how easy it was for anyone with a devkit (which wasn't hard to obtain) to get their game out to the Nintendo userbase. This title elicited a fantastic response from consumers worldwide. He pointed out that he likes the Switch as a gamer- but he has to approach it as a developer, where the question of the Switch's architecture versus the other systems (ARM vs x86) comes into question. Ono projects annual sales of the Switch will grow for the next three years from 8.7 million in 2018 to 18 million in 2020.
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Meanwhile, digital sales were down "to a large extent on the same period previous year", but Nintendo puts this down to less downloadable content being available during this time.
The PS4 launched on November 15, 2013 and Sony reported 4.2 million in sales by December 28 of that year. Of that, its net profit was $925 million, beating the company's forecast by around 14 percent.
This fantastic update news just came in after the Nintendo Switch stock news. It plans to release titles featuring its classic Mario character and an addition to its highly popular Splatoon series by the end of this year. But it hasn't all been great news for the Switch.
It will be interesting to see, however, whether Nintendo manages to keep the momentum going. The future of the platform will likely rest on how well it does this year, without a major Pokemon game to boost it so significantly.
"(This) leaves Nintendo vulnerable to the structural shortage of third-party titles, deficient online offering, and weaker graphics", he said.