As Nintendo reportedly faces pressure to raise Switch 2 prices, Star Fox demonstrates it's standing by its pledge to make digital games cheaper
The story
Nintendo shocked the games industry last night with a sudden reveal of a new Star Fox game, a remake of Star Fox 64 , coming exclusively to Switch 2 . This surprise announcement comes off the back of Nintendo investors reportedly voicing concerns that the Switch 2 is "deeply unprofitable" due to the ongoing components crisis, resulting in a push for a price bump. Read more
From the source
Per Bloomberg , we know that Nintendo will hold an earnings briefing this Friday, which may or may not start with comments on the console's pricing strategy from president Shuntaro Furukawa. Some analysts theorise "the stock will continue to struggle until the price is adjusted" as the market is currently "punishing stocks that lack inflation-hedging power".
On the other hand, some investors fear a price raise - at a time when the average consumer is facing more financial pressure - could hurt demand for hardware: "I think they would be foolish to raise prices... The consumer is hurting - people are paying more for gasoline and food, and when prices go up, entertainment budgets are one of the first things to go", said analyst Michael Pachter.
Who and what
Key names and topics in this story: Nintendo, Switch, Star Fox.
Where to follow next
- Read the full piece at www.eurogamer.net
- More from our Gaming coverage
Related stories
Nintendo announces Switch 2 price increase, consoles will soon be $500 in the US
Nintendo has announced a price increase for the Switch 2 . This follows reports Nintendo was facing pressure from investors to increase the price of its Switch 2 console , due to concerns about its profitability. Read more
Nintendo is raising the price of the Switch 2 later this year
A $50 increase in the US. Further increases rolling out in Japan, Europe, and Canada.
Switch 2 sales reach nearly 20m almost one year after release, but Nintendo has lowered the console's forecast for 2027
Switch 2 - Nintendo's fastest selling console to date - has now sold a total of 19.86m units. These sales figures were shared as part of the company's latest financial results, which ended in March. Read more
Star Fox's original artist reckons Fox McCloud's design is better in The Super Mario Galaxy movie than it is in the Switch 2 game
The former Nintendo art director who originally designed the Star Fox characters in the '90s has admitted he prefers the recent Super Mario Galaxy film's design of Fox McCloud to the newly-announced game's. Read more