Nintendo reiterates no plans to increase Switch costs after PS5 price hike

The Boss

Nintendo reiterates no plans to increase Switch costs after PS5 price hike

costs, Hike, increase, Nintendo, plans, price, PS5, reiterates, Switch

back sony Recently announced to increase the price of PS5, Nintendo It has been reiterated that it has no plans to do the same for the Switch.

Earlier this week, Sony announced that the PS5 is getting more expensive almost everywhere in the world, except in the US, where it’s up £30. In this regard, Microsoft confirmed that it will not increase the price of the Xbox Series X or S. Now, in a statement to Eurogamer, Nintendo confirmed that it also has “no plans” to increase the cost of the Switch.

The statement reiterated comments made by Nintendo President Shuntaro Furukawa at the 82nd Annual General Meeting of Shareholders in June, saying “While we cannot comment on pricing strategy, we do not currently have any plans to change or increase hardware prices due to inflation. Purchasing costs per country. We will determine our future pricing strategy through careful and ongoing deliberation. “

“While the final price for consumers is always determined by the retailer, as Mr. Furukawa said, Nintendo has no plans to increase the transaction price of its hardware,” the statement continued.

Obviously, the already incredibly elusive PS5 price hike is a bit of a shock, as gaming consoles raising prices are generally unheard of. Company President and CEO Jim Ryan explained that the move was “necessary” given the current global economic environment and its impact on SIE’s business.

Since the price change is only a recent one, it’s unclear how it will affect console sales, especially since other regions have seen bigger price hikes, such as in Europe where prices have risen by $50, or around £42.

Although, as industry analyst Piers Harding-Rolls told Eurogamer, the price change is unlikely to dent pent-up demand or Sony’s bottom line.

Leave a Comment