Nintendo says no new Switch 2 price increase planned after sales fall
Nintendo's president said the company is not considering further Switch 2 price changes, as reports say sales of the console fell in the latest quarter.
Nintendo is not planning another price increase for the Switch 2. President Shuntaro Furukawa said on the company's earnings call that it is "not considering additional changes," The Verge reports, citing Reuters.
The Switch 2 got a $50 price increase earlier this year. Its starting price is now $499, according to The Verge.
Switch 2 sales fell in Nintendo's fiscal second quarter. CNBC reports the drop was 41% and ties it to the price increases and rising memory costs. The Verge says Nintendo's Thursday earnings report put the decline at 37.4, but the text available is cut off, so the unit of that figure and the period it covers are not clear.
The two outlets give different figures for the decline. The reports do not explain the gap.
Reported by
- CNBCNintendo Switch 2 sales plunge 41% as price hikes and memory crunch biteThu, Nov 5, 1:56 AM EST
- The VergeNintendo says it’s not planning another Switch 2 price hikeThu, Nov 5, 12:24 PM EST
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.