Nintendo is carefully considering multiple factors as it deliberates on the pricing of the upcoming Switch 2. While industry analysts have speculated to IGN that the console might launch at $400 later this year, Nintendo has not yet disclosed any official pricing details.
In a recent Q&A session with investors, Nintendo's president, Shuntaro Furukawa, addressed the question of how the company plans to set a price for the Switch 2, especially in light of inflation and fluctuating exchange rates since the original Switch's launch in 2017. Furukawa acknowledged the significant changes in the economic environment and emphasized the importance of understanding what consumers expect to pay for Nintendo's products.
"We are aware that, in addition to how inflation is currently proceeding, the exchange rate environment has also changed significantly since around the time we launched Nintendo Switch in 2017," Furukawa stated. He added, "We also need to consider the price range that consumers expect for Nintendo products. We think a multifaceted consideration of these factors is needed when deciding on the price of a product. I cannot tell you a specific price for Nintendo Switch 2 at this time, but we are taking various factors into account."
AnswerSee ResultsIt's crucial to examine these details closely. The original Nintendo Switch launched at $299.99 and has maintained that price for several years. Now, nearly eight years later, the question arises: What price range do consumers expect for Nintendo products? Competitors like Sony and Microsoft have raised the prices of their current-generation consoles due to increased costs, inflation, and currency trends.
As previously mentioned, analysts predict a $400 price point for the Switch 2. This would mark an increase from the original Switch's $300 launch price, which Nintendo still upholds outside of sales or bundled offers. The Nintendo Switch OLED model is priced at $350, and the Nintendo Switch Lite at $200. Although specifics about the Switch 2's features and capabilities remain limited beyond Nintendo's brief video reveal, the indications are that it will be a more robust and advanced console, suggesting that $400 could be a fair price.
Nintendo Switch 2 - First Look
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Nintendo has scheduled a Switch 2 Direct for April 2, where they will provide a "closer look" at the console following its initial reveal last month. The teaser showcased the Switch 2's design, hinted at what appears to be Mario Kart 9, and suggested a new 'mouse' mode for the Joy-Con controllers.
However, several questions about the Switch 2 remain unanswered, such as the function of the new Joy-Con button, the console's power, and the purpose of its new ports. Nintendo will also host Switch 2 hands-on events in various global cities.
In the meantime, Furukawa confirmed that Nintendo has no plans to adjust the price of the original Switch, despite the imminent launch of the Switch 2, so expect the current model's pricing to remain stable.