Nintendo hikes Switch 2 price as memory-chip crunch bites sales outlook

1 min read
Source: CNBC
Nintendo hikes Switch 2 price as memory-chip crunch bites sales outlook
Photo: CNBC
TL;DR

Nintendo will raise the Switch 2 price in the U.S. by $50 to $499.99 (with price hikes in Japan, Canada and Europe) due to surging memory-chip costs, and it now expects to sell 16.5 million Switch 2 units for the fiscal year ending March 31, 2027 (down from 19.86 million), with an estimated ~100 billion yen hit to earnings and a profit shortfall versus analyst forecasts.

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