The Nintendo Switch 2 is getting more expensive later this year
Summary
Nintendo will raise the price of its Switch 2 gaming console to $499.99 starting September 1, an increase of $50 from the original launch price. The company said this change is due to market conditions and rising costs for parts like memory and storage.Key Facts
- The Switch 2’s price will increase by about 11% to $499.99 on September 1.
- Nintendo mentioned the price increase is linked to longer-term global business challenges and higher component costs.
- Other major consoles, including Sony’s PS5 and Microsoft’s Xbox Series, have also raised prices recently.
- Nintendo previously increased prices for the original Switch console last year.
- This price increase trend differs from past years when consoles typically dropped in price after launch.
- Nintendo projects selling 16.5 million Switch 2 units in the current fiscal year, down from nearly 20 million in the first year.
- New prices outside the US include $679.99 in Canada, €499.99 in Europe, and ¥59,980 in Japan (effective May 25).
- Factors affecting prices include inflation, slower improvement in computer chip technology, tariffs, and high gas prices.
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