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Nintendo’s Profits Jump $300 Million After Tariff Refunds And Strong Software Sales

Nintendo’s Profits Jump $300 Million After Tariff Refunds And Strong Software Sales https://ift.tt/qGf1OJR Back in August 2025, Nintendo increased the price of the original Switch console in accordance with ongoing tariffs, but after the US Supreme Court declared these to be unlawful, it didn't hesitate to claim a refund. With the release of its quarterly earnings (April 1 to June 30) for the current financial year, we now have a clear picture of just how much these refunds helped Nintendo, as it recorded a 52% increase in its operating profits year-on-year, totaling $300 million. It's worth noting that Nintendo didn't reach this figure purely with tariff refunds, as the company says that "solid software sales and the resulting increase in the proportion of software in net sales" also helped. The US tariffs--that Nintendo sued the US government over --were previously recorded as cost of sales, and Nintendo also noted that its gross profit margin increased b...

CD Projekt Red Is Not Interested In Being Acquired

CD Projekt Red Is Not Interested In Being Acquired https://ift.tt/O1q5ItL

CD Projekt Red has confirmed that it has no interest in being bought out or part of a larger corporation, and wants to maintain its independence.

In an interview with Parkiet, CD Projekt Red CEO Adam Kicinski said, "We are not interested in being incorporated into some larger entity. We have worked all our lives to reach our current position. We believe that in a few years we will be even bigger and even stronger."

Kicinski also confirmed that CD Projekt Red don't have any acquisitions itself planned at the moment, and isn't interested in mergers where the only goal is to consolidate financial results as he doesn't see the value in that. This has been CD Projekt's Red stance for several years so Kicinski's continued insistence about independence aren't surprising.

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