In its latest earnings briefing, Nintendo continues to say that it has no plans to raise the prices of its popular Switch consolealthough this also does not rule out the possibility that it will have to increase its prices in the future.
Inflation! Perhaps you have heard of it? Otherwise, it’s bad! Currently, the whole world is facing a massive wave of economic inflation leading some companies, like Sony and Meta, to raise the prices of previously released hardware like Playstation 5 and the meta quest 2 VR headset. Even Xbox boss Phil Spencer suggested that after the holidays, Microsoft may have to raise prices for consoles or Game Pass. However, Nintendo is not following suit, although it continues to “monitor” the situation.
As reported by Bloombergby Takashi Mochizukiyesterday during Nintendo latest earnings briefingthe company responded to a question about possible price increases and said “it will not take such action at this time”, but then added that it will “continue to monitor [the] situation” and “will carefully consider” whether to change course and increase Switch prices.
Kotaku contacted Nintendo for comment on any future price increases.
Back in August Nintendo President Shuntaro Furukawa offered a similar response. asked about inflation and whether that would force the manufacturer to increase the cost of its popular hybrid console, saying the company was “not considering” a price increase. Furukawa further explained that Nintendo did not want to prevent people from buying its console and wanted to maintain the “momentum” of its console business.
Read more: Nintendo Switch Features Most People Forget
Around the same time, Microsoft also said that prices for its consoles would remain the same worldwide. But now, months later, that seems less likely after Spencer’s October comments that at “some point” Microsoft will have to raise prices on “certain things”.
For now, Nintendo is unlikely to increase the price of its Switch consoles just before the holidays, as it could hurt its ability to sell as many consoles as usual. But after Christmas and the New Year, don’t be surprised if the cost of an Xbox or Switch increases alongside everything else.