- The Nintendo Switch 2 recently saw a price hike, and it now costs $500 in the US.
- President Shutaro Furukawa states that this may not be the last of the console’s price hikes.
- Nintendo aims to remain flexible with pricing moving forward since it believes component pricing might not stabilize this year and in 2027.
The Nintendo Switch 2 recently went through its first major price hike. Following this pricing update, the gaming giant also suffered from declining stock prices and lowered its sales projections for the next Fiscal Year.
However, this may not be the last of Nintendo’s struggles with price increases. According to the company’s president, Nintendo Switch 2 prices could still go up again.
Why it matters: Nintendo’s affordable consoles have typically been a huge reason for its success. However, the current market is pushing the company away from this advantage.
In its latest investor’s QnA (translated via ChatGPT), Nintendo president Shuntaro Furukawa was asked to discuss the impact of the current price revision on future sales. For context, the console now costs $500 in the US, which is up from the launch MSRP of $450.
Investors also asked whether the company would be willing to increase prices yet again. To this question, Shuntaro Furukawa noted that component prices can still rise throughout this year and into 2027.
He stated that Nintendo intends to remain flexible with pricing, effectively confirming that prices can still go up.
Component price increases may continue not only this year but next year as well. The company wants to remain flexible and prepared.
-Nintendo
The gaming giant has also apologized for raising prices recently, and because president Shuntaro Furukawa stated that the company will remain flexible with pricing, this could mean that the odds of prices being reduced once the market returns to normal conditions are also high.
In other news, recent rumors have also pointed to the possibility of Nintendo working on a Switch 2 Lite.
What do you think about the company increasing prices again? Would you support the Nintendo Switch 2 if it were priced at $550 or more? Share in the comments and on the Tech4Gamers Forums.
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[Senior News Reporter]
Avinash is currently pursuing a Business degree in Australia. For more than 5 years, he has been working as a gaming journalist, utilizing his writing skills and love for gaming to report on the latest updates in the industry. Avinash loves to play action games like Devil May Cry and has also been mentioned on highly regarded websites, such as IGN, GamesRadar, GameRant, Dualshockers, CBR, and Gamespot.
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