Nintendo Q1 profit grows 4%, beating estimates on Switch 2 launch

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Nintendo reported a 4% increase in operating profit, reaching 56.9 billion yen ($378 million) for the April-June quarter, surpassing analyst expectations. The company sold 5.82 million units of the Switch 2, launched on June 5, during the quarter. Despite challenges from the US-Donald Trump trade war, Nintendo upheld its full-year sales forecast of 15 million Switch 2 units.