Nintendo is currently evaluating several factors as it determines the price for the upcoming Switch 2. Although industry analysts have predicted a $400 price tag upon its release later this year, Nintendo has not yet confirmed the cost of the next-generation console.
In a recent investor-focused Q&A, Nintendo's president, Shuntaro Furukawa, addressed the pricing considerations for the Switch 2. He highlighted the impact of inflation and fluctuating exchange rates since the original Switch's launch in 2017. Furukawa emphasized that understanding consumer expectations for Nintendo product pricing is crucial. "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 further 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 essential to consider the context: the original Nintendo Switch launched at $299.99 and has maintained that price for several years. Now, nearly eight years later, consumer expectations for Nintendo product pricing have shifted, influenced by inflation and currency fluctuations. Competitors like Sony and Microsoft have raised the prices of their current-generation consoles due to similar economic pressures.
Analysts suggest that the Switch 2 might be priced at $400, which would represent an increase from the original Switch's $300 launch price, and the current $350 price for the Nintendo Switch OLED model, while the Nintendo Switch Lite remains at $200. Although specifics about the Switch 2's features and specifications are limited following Nintendo's initial reveal, the indications are that it will be a more advanced and powerful console, making a $400 price point seem plausible.
Nintendo Switch 2 - First Look
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Nintendo has scheduled a Switch 2 Direct for April 2, where they will provide a more detailed look at the console following its initial reveal. The teaser showcased the Switch 2's form factor, hinted at a potential Mario Kart 9, and introduced a new 'mouse' mode for the Joy-Con. However, many questions remain unanswered, including the functionality of the new Joy-Con button, the console's power, and the purpose of its new ports. Nintendo plans to host Switch 2 hands-on events in various global cities to allow fans to experience the console firsthand.
Furukawa also confirmed that Nintendo has no intention of adjusting the price of the original Switch, despite the imminent launch of the Switch 2, indicating that the pricing of the current model will remain stable.