Nintendo Rallies Most in 10 Months as Software Boosts Profit
- Digital sales rise 68 percent, boosting profitability
- Switch hardware sales slip to 1.9 million from year ago
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Nintendo Co. reported quarterly earnings that topped profit estimates, as higher software sales online made up for weaker shipments of the Switch console.
Shares of the Japanese gaming company jumped 6.4 percent in Tokyo, the biggest one-day gain since September. Trading volume on Wednesday was more than twice the average over the past month.