Thanks to parts shortages, manufacturing costs are rising, but if you’re worried about a potential Nintendo Switch price increase, there’s good news.
Addressing concerns about the Nintendo Switch, Nintendo President Shuntaro Furukawa recently spoke with Nikkei (opens in new tab). Telling the publication that “the problem is that demand exceeds supply”, Furukawa was asked if Nintendo would consider price increases for its popular hybrid console. Fortunately, he discarded that option at this point.
“We are not considering this at this time, for two reasons. In order to offer exclusive entertainment to a wide range of customers, we want to avoid prices for people”, confirmed the president of Nintendo.
Raising the point that Nintendo has sold “over 100 million Switch units so far”, Furukawa insists it’s important to “keep up the momentum of our overall business”. However, he wouldn’t like to know if Nintendo can reach its sales target for the Nintendo Switch this fiscal year.
This is not surprising given the ongoing global chip shortage, which led to a 23% drop in console sales during Q1 2022. Still, Furukawa believes he will see a boost from new games like Splatoon 3 and Pokémon Scarlet and Violet, which will be released in September. and November, respectively.
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Since launching five years ago, Nintendo has mostly resisted changing the price of its Switch consoles. The only real downfall was for the original variant when the OLED model of the Nintendo Switch launched, with Nintendo dropping the RRP by £20/$25. That said, it offers the cheapest Nintendo Switch Lite since 2019, which removes the functionality of dock for a laptop-only experience.
Still, the price question has been raised thanks to Meta’s recent price increase for its Oculus Quest 2 VR headsets. Rising by $100/£100, Meta blamed rising costs, claiming a official blog post (opens in new tab)“By adjusting the price of the Quest 2, we can continue to increase our investment in innovative research and development of new products that take the VR industry to new heights.”
Even with the Beat Saber now included, it’s a move that has faced significant criticism, and some believe this is the worst time to buy a Quest 2. Sony and Microsoft have yet to comment on similar price increases, so it’s a relief. see Nintendo making their views clear. Of course, saying “at this point” gives room for a raise later on, but at least it’s not immediately on the cards.