Nintendo Switch 2 price rise takes effect from September

Nintendo Switch 2 price rise takes effect from September

BBC general

Key Points:

  • Nintendo announced a global price increase for its Switch 2 console starting in September, raising the US price from $449.99 to $499.99 and most European prices from €469.99 to €499.99, with the UK price to be confirmed later.
  • The company cited "changes in market conditions," including rising costs of key components like RAM and storage, as well as supply chain uncertainties related to geopolitical issues and tariffs, as reasons for the price hike.
  • In Japan, the Switch 2 and original Switch consoles will see price increases from May 25, alongside higher subscription fees for online services, where prices have traditionally been lower than abroad.
  • Nintendo expressed regret for the impact on customers but highlighted strong sales, reporting nearly 20 million Switch 2 units sold since last June and a 52% profit increase to 424 billion yen ($2.7bn) over the previous year.
  • This move follows similar hardware price increases by competitors, such as Sony's recent PlayStation 5 price hike.

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