If you’re thinking the recent rumors of the next Nintendo console would lead to a Nintendo Switch price cut, you’re likely to be disappointed.
Despite the likelihood of lessening console sales in 2023, Nintendo president Shuntaro Furukawa says that reducing the price of the Switch isn’t something in the cards.
“With regard to hardware, prices for certain materials have fallen but overall costs remain high. We must also continue to account for the impact of factors such as inflation and foreign exchange rates,” he said during the Q&A portion of Nintendo’s financial results briefing.
“Production was highly impacted during the previous fiscal year, so we are ensuring our parts procurement occurs far enough in advance to ensure stable production. Even if raw material prices decrease, it will take time for this to be reflected in manufacturing costs. Currently, there are no plans to reduce the price of our hardware during this fiscal year.”
On the other side of the coin, Furukawa said that Nintendo doesn’t plan on raising prices either despite the higher cost of production as well as the yen continuing “to be weak”.
When it comes to game pricing, Furukawa reiterated company statements of the past. He says that the $70 price tag isn’t a firm price moving forward and that games will continue to be priced on a “case-by-case basis”.
“Regarding the price of software, the MSRP of The Legend of Zelda: Tears of the Kingdom is ten dollars higher in the U.S. than its predecessor, but this does not indicate a general increase in the price of our software,” he said.
What do you think of Nintendo stating there won’t be a price cut to any of its Switch models?
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