Nintendo’s quarterly results have recently come out, and they show the company’s financial health. While Nintendo Switch 2 sales have slowed, it’s still selling far above what anyone expected, and even the first Nintendo Switch is still selling well. But that leads to another important question, is there a chance Nintendo will raise the console’s price again?
A company with everything going for it
Shuntaro Furukawa, the company’s president, answered that question during the financial results Q&A with a resounding no. The reason is that, while there is a worldwide problem with memory production that has led to higher costs because of AI, Nintendo has managed to secure enough supply so it won’t be a problem in the short to medium term. Which is why a new price increase is not a possibility for Nintendo Switch 2.
Another one, because there was already a recent increase. This past September 1, it went up to 499 euros in Europe and 500 dollars in the US, thus following the lead of both Sony and Xbox with their respective consoles. And while Nintendo’s price increase has been the smallest among the major console makers, and it has also only raised the price once and not several times, it is likely that it had something to do with the slowdown in Nintendo Switch 2 sales and the momentum it had enjoyed up to that point.
Even so, that doesn’t mean things are going badly for Nintendo. Quite the opposite. Nintendo Switch 2 sales are still far surpassing those of Nintendo Switch. And with the remake of The Legend of Zelda: Ocarina of Time coming out in this fourth quarter, there will likely be an uptick in console sales that will be clearly reflected in the fourth-quarter results.
