Nintendo Switch has passed the GameCube in lifetime sales

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A flurry of highly anticipated games launching in the coming weeks will be crucial to Nintendo being able to hit its goal of selling another 20 million consoles over the next six months.

For the upcoming holiday season, Nintendo is counting a major lift from Super Smash Bros.

"In the grand scheme of things, Nintendo 3DS has a prominent position as the product that can be served as the first contact between Nintendo and many of its consumers, and for this reason we will keep the business going".

Furukawa, who at 46-years-old is young by Japanese corporate standards, said the service had got off to a good start but declined to provide financial details.

Smartphone games revenue in the quarter rose 9 percent from a year ago to 9.7 billion yen. The company also revealed in July that the console now has 10 games that have sold more than 1 million units worldwide as of June 30. While the PlayStation division is doing well, it's also worth noting that the music business accounted for about half of that increase, thanks to the $2.3 billion acquisition of EMI Music Publishing this year.

As Engadget reports, Nintendo's latest revenue report shows steady growth. The total software sales for Nintendo Switch reached 42.13 million. The Kyoto-based company maintained its full-year forecasts.

"It was a quiet quarter without many big releases from Nintendo", Hideki Yasuda, senior analyst at Ace Research Institute, said prior to the release. "Reaching their Switch target really depends on the holiday quarter, especially the new Super Smash Bros. game". Despite announcing and releasing two paid content packs for Zelda, Nintendo has never formally said that it had finished working on the game.

"It's very important to continue putting out new software", Furukawa told reporters at a post-earnings news conference on Tuesday.