Hero of Hyrule
Frieren the Slayer
- Pronouns
- He/Him
Nintendo stock jumped as much as 3% on Friday after the company released the highly anticipated next installment of its Zelda videogame franchise. "The Legend of Zelda: Tears of the Kingdom" is a follow-up to Nintendo's "Breath of the Wild" blockbuster, which has sold nearly 30 million copies since its release six years ago. The new Zelda game has been highly praised, with the game receiving an incredibly high review score of 96 at Metacritic. And those solid reviews should help drive sales for years to come.
A lot is at stake for Nintendo with the launch of "Tears of the Kingdom" because it has the ability to help drive sales of its Switch console. That's exactly what JPMorgan thinks will happen, according to a recent note.
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I am definitely curious to see the long term impact of TOTK on Switch lifetime sales (if there will be any, which I do think it will cause a bump, though the degree remains to be seen)