Nintendo has confirmed a global price hike for the Switch 2, increasing costs by $50 in the US, $50 in Canada, and €30 in Europe. Despite this, the company assures a higher adoption rate than its predecessor and promises multiple unannounced Switch 2 games for later this year. The move follows an 8% drop in Nintendo's share price since the announcement.
Nintendo faces pressure to raise the Nintendo Switch 2 console price due to being sold at a loss, amidst a declining share price. Despite selling 17 million consoles as of December 31, the company may increase the price by $50-$100 to reduce losses. This move could impact the console's rollout, currently at 17 million units sold in its first year.
