Nintendo just confirmed that the Nintendo Switch won’t be getting a price hike anytime soon, but it’s not ruling it out completely.
During its quarterly earnings report, the Kyoto-based company was asked whether or not it saw a Nintendo Switch price increase in the future of the console. As Bloomberg’s Takashi Mochizuki reports, Nintendo replied that it currently has no plans to do so. Still, it will consider its options to move forward, essentially not ruling out a future price hike.
This slightly changes what Nintendo said a few months ago. In August, Nintendo president Shuntaro Furukawa emphasized that the company was intent on “not pricing people out,” even as demand outstripped supply.
Nintendo, when asked if it would increase Switch prices, says it will not take such actions at this time, but will continue to monitor the situation and carefully consider (whether we should take the option).” https://t. co/onEzeUmKEXNov 8, 2022
So, should we expect a price hike for Nintendo Switch?
Nintendo’s recent statement sounds similar to Xbox boss Phil Spencer’s, who also wouldn’t rule out a price hike for Xbox Series X|S consoles in the future. As it stands, Sony is the only major console manufacturer with higher prices, with the PS5 rising in price in several regions.
However, there is a silver lining to Nintendo’s earnings report. The fact that it’s holding off a Nintendo Switch price hike for now bodes well for Black Friday 2022. And while we can’t say for sure yet that we’ll see hefty discounts for the console, we can’t expect it to drop in price any time soon. rise at the end of the year.
Another reason Nintendo might be pouring cold water on a price hike is the possible existence of a Nintendo Switch Pro console. Nintendo hasn’t confirmed anything yet, but recent email leaks from Nvidia suggest the manufacturer is working with Nintendo on a new Switch model.
If that’s true, we’d expect a Nintendo Switch Pro to be more expensive than the base Switch. In this scenario, it may be in Nintendo’s best interest to keep the basic Switch at its current retail price and charge more for the Pro model, as it has already done with the Nintendo Switch OLED.
Hopefully we won’t see a price increase for Nintendo Switch anytime soon. But given the ongoing supply issues, it’s probably only a matter of time before Nintendo chooses to pull the trigger.