Hollywood Reporter reports: “Nintendo on Tuesday posted a quarterly profit drop of 46 percent to $152 million (¥16.6 billion) despite a 2.4 percent revenue increase to $1.58 billion (¥172 billion). Despite revenue from sales of its Switch console climbing from $1.19 billion (¥130 billion) in the April to June quarter of 2018 to $1.4 billion (¥153 billion) this year, the Kyoto-based company suffered a $110 million (¥12 billion) hit to its profits due to exchange rate fluctuations.”

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