Nintendo says it’s not planning another Switch 2 price hike
Nintendo president Shuntaro Furukawa said during the company's latest earnings call that it's "not considering additional changes" to the Switch 2's price, Reuters reports. The Switch 2 got a $50 price hike earlier this year, bringing its starting price up to $499. Nintendo said in Thursday's earnings report that Switch 2 sales have dropped 37.4 […]
Nintendo's president, Shuntaro Furukawa, stated during the company's latest earnings call that they have "sufficient" RAM to address shortages driving up console prices. Furukawa indicated that Nintendo is not considering additional changes to the Switch 2's price. The Switch 2 experienced a $50 price hike earlier this year, raising its starting price to $499.
The company's earnings report revealed a 37.4 percent year-over-year drop in Switch 2 sales. Furukawa also provided an update on the RAM shortage situation, stating that there had been no significant changes and Nintendo is well-positioned to secure ample quantities. A supplier of Nintendo's Switch 2 cartridges announced their intention to stop producing ROM memory to concentrate on memory for data centers, as demand from AI data centers is exacerbating RAM shortages and contributing to tech price increases.
Other major console manufacturers, Microsoft and Sony, have also raised prices for their respective gaming consoles. Microsoft raised the Xbox Series X / S prices multiple times, increasing the Series S's starting price from $299 to $499. The PlayStation 5 has seen price hikes, with its starting price reaching $649.
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