Nintendo responds to the price increase of PS5
During the 82nd Annual General Assembly of shareholders last June, Shuntaro Furukawa, president of Nintendo, revealed that the company had no plans to increase the Switch price as a consequence of inflation. Now, after the increase of the PS5 that was released yesterday, The Great N has issued another statement where they clarify its position on this subject again.
At the time, this was what Furukawa said about it:
While we cannot comment on price strategies, we currently have no plans to change the price of our hardware due to inflation or increased acquisition costs in each country. We will determine our future price strategies through careful and continuous deliberations.
Now, through a shared statement for Eurogamer, Nintendo has reaffirmed its position, where they have indicated that they have no plans to increase the price of the switch in some market. This was what was said about it:
While the final price for consumers is always determined by retailers, as Furukawa said, Nintendo has no plans to increase the commercial price of their hardware.
In this way, it is clear that both Nintendo and Microsoft have no plans, at least at the moment, to increase the price of their consoles. Unlike the Xbox Series X | s, which could well increase in the future, the possibilities that the switch see a substantial change in its price are lower.
In related issues, you can learn more about Xbox’s response to the increase of PS5 here. Similarly, this is another statement by the president of Nintendo on the possible increase of the switch.
I doubt that the switch rises price. As we know, Nintendo does not lose money with the production of its consoles. Although inflation is surely an important issue within the company, this is not enough to cause an increase similar to that of PS5.