Nintendo (NTDOY) raises Switch 2 prices amid declining sales forecast
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowNintendo (NTDOY) plans to increase the retail price of the Switch 2, raising it by $50 in the U.S. from $449.99 to $499.99, effective September 1. The company expects to sell 16.5 million units for the fiscal year ending March 31, 2027, down from 19.86 million in the previous year. Its financial forecast reflects an estimated impact of approximately 100 billion yen ($637.8 million) due to rising component prices and tariff measures. Nintendo also anticipates an 11.4% year-on-year decline in net sales to 2.05 trillion yen, which is below analyst expectations of 2.46 trillion yen.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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