Nintendo president Shuntaro Furukawa has stated that the Nintendo Switch will not be getting a price increase "at this point," despite the higher costs to produce the hardware, as the company wishes to "avoid pricing people out.".
Speaking to Nikkei Asia, Furukawa said Nintendo has no plans to adjust the price of the Switch to "offset rising production and shipping costs," and these comments follow Meta's decision to raise the price of the Meta Quest 2 by $100 as "the costs to make and ship [Meta's] products have been on the rise.".
The statements also come after Switch sales dropped "23% on the year by volume in the April-June quarter amid shortages of semiconductors and other parts." Nintendo is expecting a 29% drop in annual net profit in the fiscal year ending March 2023, even though it is planning on selling 21 million Switch consoles.
For those hoping for any word on the unconfirmed but much-desired Switch Pro, Furukawa has doubled down on Nintendo's commitment to focusing on just three models of the Switch - the standard model, Switch Lite, and the OLED Model.
"Nintendo will continue to sell three [Switch] models: the standard model; the Switch Lite with reduced price, size and features; and the OLED model?
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