Price increase for Nintendo Switch? – Nintendo gave a clear answer
Ending the guesswork
A few twenty-four hours ago, some new statements from Sony , which refused to answer if there is a possibility of an increase in the price of the PS5, made the rounds of the internet.
In particular, in the midst of the difficult economic climate worldwide that has caused many companies to freeze hiring, with inflation rising, the energy crisis in Europe and other geopolitical tensions, such as the war in Ukraine that has led to an increase in prices for various prime materials, such as the chips needed for all technological products, the prices of many products have risen.
The Japanese market was particularly hard hit, as the weak yen led to price increases for countless tech goods, from Apple iPhones to white goods such as refrigerators. In fact, in April, Sony increased the prices of various products in Japan, such as cameras, Blu-ray players, home theater systems, headphones and speakers. At the same time, Meta, the parent company of Facebook, announced a global price increase for the Meta Quest 2 VR Headset almost two full years after its launch, a move that has been widely discussed.
Wanting to clarify the landscape, Bloomberg has now reached out to Nintendo , as well as various analysts, to find out if the price of the Nintendo Switch is going to increase, since gaming consoles were curiously unaffected by the situation in the land of the rising sun. .
Unlike Sony, as well as Microsoft, which in a corresponding call for the same article refused to answer, Nintendo gave a clear answer.
And it’s official: Nintendo has stated that it has no plans to raise the price of the Nintendo Switch.
As comforting as that statement is, it would be truly unprecedented since we’re now in the console hybrid’s fifth year on the market.
Until now, Nintendo and Sony have been able to offset hardware losses stemming from the weak yen thanks to correspondingly inflated profits from overseas software sales. At the same time, analysts who spoke to Bloomberg point out that the big three manufacturers are probably afraid to raise prices, since doing so would help rival consoles gain market share and affect their momentum.
