Nintendo says that it has "no plans" for a Nintendo Switch price hike

Nintendo wants to "avoid pricing people out."

Nintendo is joining Microsoft in retaining the price of its flagship consoles.

Nintendo No Plans Nintendo Switch Price Hike Scaled
The Nintendo Switch is more likely to get a price cut instead of a price hike.

Just days after Sony blamed inflation for the slight price increase of the PS5, Nintendo sent a statement to Eurogamer confirming its latest move. As previously mentioned by company president, Shuntaro Furukawa, all Switch variants will continue selling as is.

Here's the full statement:

As our president Mr Furukawa stated at the 82nd Annual General Meeting of Shareholders in June:
"While we cannot comment on pricing strategies, we currently do not have any plans to change the price of our hardware due to inflation or increased procurement costs in each country. We will determine our future pricing strategies through careful and continued deliberations."

While the final price to consumers is always determined by retailers, as Mr Furukawa stated, Nintendo has no plans to increase the trade price of its hardware.

Nintendo No Plans Nintendo Switch Price Hike
Given the rate that it's selling and for how long it will continue to be sold, the Switch will end up being the third-best-selling console in history.

At 111 million units sold, it's only a matter of time before the Switch will ellipse the PS4's record of 117.2 million units now that its lifecycle has officially ended. With the PlayStation 5 becoming more expensive and the Xbox Series S/X expected to become unavailable as stocks struggle to keep up with the increased demand for the holiday season, the Switch is poised to take advantage. But, it remains a point of discussion whether or not a Switch Pro is in the works.

While the release of the Switch OLED last year should have put an end to all of the rumors, a recent industry analyst reignited the talks once again. It didn't exactly help that the way Nintendo worded it in its latest financial statement was that a new Switch console wouldn't be coming out this fiscal year.

Ray Ampoloquio
Ray is a lifelong gamer with a nose for keeping up with the latest news in and out of the gaming industry. When he's not reading, writing, editing, and playing video games, he builds and repairs computers in his spare time. You can find Ray on Twitter.
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