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Nintendo tops profit estimates

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Nintendo Co. topped quarterly profit estimates on holiday demand for "Pokemon" and "Super Smash Bros." games.

Operating profits came to 158.6 billion yen, or $1.5 billion. Analysts expected 147 billion yen.

For its fiscal year through March, Nintendo is forecasting 17 million Switch shipments. That's below a prior outlook of 20 million console units.

Read more from Bloomberg.

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