Nintendo reports Switch 2 sales drop after price rise, but no further hike planned

Nintendo has reported higher profit for its latest period, but sales of the Switch 2 console fell sharply. The company raised the console's price earlier this year. According to The Verge, citing Reuters, a $50 increase brought the starting price up to $499.

The sources give different figures for the drop. The Verge says Nintendo's earnings report shows Switch 2 sales down 37.4 percent. Tom's Hardware reports a 41 percent fall compared with the same period last year, and Engadget describes the decline as almost 40 percent. Readers should treat the exact number as uncertain until Nintendo's own filing is checked.

On the earnings call, president Shuntaro Furukawa said the company is not considering additional changes to the console's price. Tom's Hardware reports that investors are pressing Nintendo to release more big games to attract buyers. The reports cover one earnings release and the console's pricing, so the news mainly affects current and prospective Switch 2 owners and the wider market for consoles.