Overview
- Bloomberg reports that some Nintendo investors want a $50 U.S. increase to the $450 Switch 2, with the push coming ahead of Friday's quarterly earnings report.
- Backers say the console is being sold at a loss, pointing to pricier memory chips bought up by U.S. tech firms and higher shipping costs tied to Middle East trade disruptions.
- Other investors and analysts warn a price rise could slow sales during a weak economy, with Wedbush’s Michael Pachter saying higher entertainment costs risk turning buyers away.
- Nintendo’s shares have logged their longest losing streak since 2016 even with strong Switch 2 demand, a hit Pokémon Pokopia launch, and a top-grossing Super Mario film.
- Sony’s recent PS5 increases offer a clear precedent, though some note the Switch 2’s near-term game slate lacks obvious system sellers, which could make a higher price harder to absorb.