Connect with us


Nintendo also responds to PlayStation: “We will not raise prices”

Double blow for PlayStationand it is that if yesterday we knew the announcement of a price increase of its PlayStation 5 consolesbeing forced to due to inflation. Now it is Nintendo itself that has communicated that no plans to increase prices of your Nintendo Switch handheld consoles.

these statements are added to those of Microsofta company that also announced yesterday that had no intention of raising prices of its Xbox Series X | S consoles, which quickly translated into the fact that both consoles will now be more competitive, because while they have maintained the same price since they were launched, Sony’s consoles are now 50 euros more expensive.

Nintendo does not talk about pricing strategy, but wanted to make its position clear

Nintendo Switch OLED price 2022

It was the CEO of Nintendo himself, Shuntaro Furukawawho in a meeting with his investors, on the occasion of the announcement of quarterly earnings, made the company’s position clear: “Although we cannot comment on pricing strategies, we currently we have no plans to change the price of our hardware due to inflation or increased acquisition costs in each country“.

In this way, in a quick and elegant way, the president of Nintendo made it clear that the impact of this inflation does not affect you either like Microsoft, to the point of making it the users themselves who bear the consequences of the market.

The price increase of the PlayStation 5 is not due to inflation

Having listened to representatives from Microsoft and Nintendo, it’s clear that nothing Sony says adds up. That is why the MST Financial analyst, David Gibsonput more emphasis on it. It cannot be that the Sony console goes up in price, when RAM memory that you use, or NAND memory of your SSD, keeps going down in price. These settings compensate any price variation between the dollar.

To this is added that the market situation in general semiconductor has also improved. There has been a sharp slowdown in the sale of hardware or mobile devices, and therefore production has decreased and with it market pressure. Given this, it stands to reason that chip prices have not risen. Mainly because now TSMC is not saturated with orders like it was a year ago, and the rest of the companies have kept their prices.

Then you have to take into account something quite important, and that is that the prices of the console have risen in Europe, China, Australia or Canada. Curiously, in the United States the price is maintained launch. What “shows that it is very much a question of currency versus dollar costs, not inflation“says the analyst.

Now it will be interesting to know how long will this price increase lastbecause if the disparity between the euro and the dollar disappears, with the dollar losing value, this price increase no longer makes sense.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.


More Posts

News2 mins ago

Player in GTA Online becomes a billionaire, it takes over 18,000 hours of gameplay

The GTA Online Billionaires Club now has a new member. A user shows how much playtime they put into the...

Games9 mins ago

The authors of Nioh want to contradict Elden Ring and rule out its arrival on Xbox

Team Ninja believes that a more linear Souls-style approach still has a lot of potential. If you have played Nioh...

News16 mins ago

Steam sets a date for its own sales and gets rid of one of its most characteristic offers, although it will give way to others

One of the best things about gaming on PC is, without a doubt, the sheer number of deals we see...

Games23 mins ago

Steam abandons Lunar New Year Sale and announces Spring Sale

Valve has announced that they will soon be making some significant changes to their seasonal Steam sales. Grosso modo, these...

EXTRAS30 mins ago

Monster Hunter Rise: Sunbreak confirms more details of the update planned for tomorrow

We get more content from one of the most outstanding games in the Nintendo Switch catalog. We are talking in...

News37 mins ago

Pokemon Scarlet and Purple present a Pokemon that resembles Diglett like two drops of water: evolution or something different?

In Pokemon Scarlet and Purple we will come across many Pokemon never seen before in the series and that will...

Games44 mins ago

This is one of the greatest rivalries of Marvel Comics

Black Panther: Wakanda Forever could mark the debut of one of Marvel’s biggest conflicts. There is less and less left...

EXTRAS51 mins ago

Netflix will make video games and open a new design studio in Europe

Netflix has been growing year after year in the number of subscribers, managing to maintain its leadership in the streaming...

News58 mins ago

The best of the last week of September in BCN Fighters

BCN Fighters, absolute reference of the fighting games, comes loaded with content in this last week of September. From an...

Games1 hour ago

The Last of Us: Series Trailer Shows Mysterious New Character And She Could Play A Big Role

Ellie and Joel are set to face a new character in the upcoming HBO series. Things are going pretty well...