Nintendo is carefully evaluating multiple factors in determining the price of the upcoming Switch 2. While industry analysts have suggested to IGN that the Switch 2 might be priced at $400 upon its anticipated release later this year, Nintendo has not yet disclosed any official pricing information.
In a recent investor Q&A, Shuntaro Furukawa, the president of Nintendo, addressed the complexities of setting a price for the Switch 2. He highlighted the significant changes in the economic environment since the original Switch's launch in 2017, pointing out the impacts of inflation and fluctuating exchange rates.
"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 emphasized the necessity of considering consumer expectations for Nintendo product pricing, suggesting a comprehensive approach is crucial in setting the Switch 2's price. "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."
When the original Nintendo Switch was released, it was priced at $299.99 and has maintained that price point for several years. Today, the landscape has shifted, with Sony and Microsoft adjusting their console prices due to rising costs, inflation, and currency fluctuations. This raises the question of what price range consumers now expect from Nintendo's products.
Analysts predict a $400 price tag for the Switch 2, which would mark an increase from the original Switch's launch price but would align with the $350 price of the Nintendo Switch OLED model and below the high-end market offerings. Details about the Switch 2's specifications and features remain scarce beyond the initial teaser video, yet indications suggest it will be a more robust and advanced console, supporting the projected $400 price point.
Nintendo Switch 2 - First Look
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Nintendo has scheduled a Switch 2 Direct for April 2, offering fans a "closer look" at the console. The initial reveal showcased the Switch 2's form factor, a possible glimpse of Mario Kart 9, and hinted at a new 'mouse' mode for the updated Joy-Con controllers. However, many questions remain unanswered, including the function of a new Joy-Con button, the console's power capabilities, and the purpose of its new ports. Nintendo plans to host Switch 2 hands-on events in cities worldwide to provide further insight.
Furukawa also confirmed that despite the upcoming launch of the Switch 2, there are no plans to adjust the pricing of the original Nintendo Switch, ensuring its price remains stable.