Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook

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Nintendo has cautioned that the price of its upcoming Switch 2 console could rise, following projections of weaker-than-expected initial sales. The company anticipates shipping 15 million units in the first year, falling short of the 16.8 million estimated by analysts.

This cautious outlook extends to Nintendo’s annual operating profit forecast of JPY 320 billion ($2.2 billion), which also lags behind expectations. Despite strong pre-orders for the $450 console, Nintendo is seemingly grappling with production costs and market uncertainties. The potential price increase suggests the company is prioritizing profit margins amid these challenges, potentially impacting consumer affordability and overall sales volume.



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Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook



Nintendo has cautioned that the price of its upcoming Switch 2 console could rise, following projections of weaker-than-expected initial sales. The company anticipates shipping 15 million units in the first year, falling short of the 16.8 million estimated by analysts.

This cautious outlook extends to Nintendo’s annual operating profit forecast of JPY 320 billion ($2.2 billion), which also lags behind expectations. Despite strong pre-orders for the $450 console, Nintendo is seemingly grappling with production costs and market uncertainties. The potential price increase suggests the company is prioritizing profit margins amid these challenges, potentially impacting consumer affordability and overall sales volume.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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