Investors are pushing Nintendo to raise the price of the Switch 2 to boost profits. The company's stock has declined over five months due to concerns about a memory shortage. Nintendo President Shuntaro Furukawa has not ruled out a future price hike.
The Switch 2 is reportedly sold at a loss because of high memory costs. A $50 price increase in the US may not be disastrous, according to some analysts. In Japan, the console is listed at a converted $320.
Michael Pachter of Wedbush Securities commented, "I think they would be foolish to raise prices." A rumored The Legend of Zelda: Ocarina of Time remake could bolster holiday sales.
Nintendo has not confirmed a price increase or a launch window for the Switch 2. The company's position on pricing remains unclear.
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