Nintendo rules out further Switch 2 price increases as console sales slide
Nintendo has stated it has no plans to roll out another Switch 2 price hike following a difficult September quarter marked by rising component costs and dropping hardware sales.
Nintendo has addressed consumer concerns by stating it has no plans for another Switch 2 price hike, according to reports from VGC, IGN, and Polygon. The announcement follows a challenging fiscal second quarter in which rising hardware component costs and a lack of major game releases cut into earnings, leading to a 16% year-over-year decline in net profit to $468 million.[1][4][5][10][11]
Hardware momentum slowed noticeably over the three months ended September 30. Nintendo sold 2.67 million Switch 2 consoles during the quarter, down 41% from the same period last year and lower than the 3.82 million units moved in the preceding quarter, CNBC reported. For the first half of fiscal year 2027, total Switch 2 sales dropped around 37% to 6.49 million units.[1][7][8][9]
Analysts and reporting point to rising memory expenses and recent price adjustments as key drivers of the slump. In the United States, a $50 increase brought the console's price to $499.99, according to Quartz, which also noted the company has absorbed most tariff costs rather than passing them on. Despite the hardware decline, game software provided a counterweight: Nintendo sold 24.49 million Switch 2 games in the first half of the year, a 19% increase that brought lifetime Switch 2 hardware sales to 26.35 million units.[2][3][6][9][12]
Key facts
- Nintendo announced it has no plans to implement another price increase for the Switch 2.
- Nintendo's fiscal second-quarter net profit dropped 16% year-over-year to $468 million.
- Switch 2 quarterly console sales fell 41% year-over-year to 2.67 million units for the quarter ending September 30.
- Switch 2 sales in the first half of fiscal year 2027 totaled 6.49 million units, down about 37% year-over-year.
- A prior $50 price increase raised the Switch 2's retail price in the U.S. to $499.99.
- First-half Switch 2 game sales increased 19% year-over-year to 24.49 million units.
- Lifetime sales reached 26.35 million units for the Switch 2 and surpassed 157 million units for the original Switch.
Sources · 11 sources
- TE
TechmemeArticle ·
Nintendo reports Q2 net profit down 16% YoY to $468M, as rising Switch 2 component costs cut into its margins; Switch 2's H1 FY 2027 sales fell 37% YoY to 6.49M (Takashi Mochizuki/Bloomberg) Takashi Mochizuki / Bloomberg : Nintendo reports Q2 net profit down 16% YoY to $468M, as rising Switch 2 component costs cut into its margins; Switch 2's H1 FY 2027 sales fell 37% YoY to 6.49M — Nintendo Co. reported a surprise quarterly profit decline, hurt by a dearth of major new game releases and rising Switch 2 component costs.
Open source - TW
Tom Warren@tomwarrenPost on X ·
Nintendo’s game sales offset weaker Switch 2 demand. Nintendo’s Switch 2 sales decreased by 37.4% year-over-year, totaling just over 26 million units since launch. Nintendo sold 24.49 million Switch 2 games during the first half of the year, up 19% https://t.co/iZIqMrUxMx
Open source - VC
VideoCardz.com@VideoCardzPost on X ·
Nintendo Switch 2 sales reach 26.35 million, original Switch passes 157 million 🔗https://t.co/NDYLI0Lj6V https://t.co/BL8dyU9aB0
Open source - BL
Bloomberg@businessPost on X ·
Nintendo reported a profit decline for a September quarter that was hurt by a dearth of major new game releases and rising Switch 2 component costs https://t.co/8zneJ3Oi1N
Open source - PO
Polygon@PolygonPost on X ·
Nintendo Officially Addresses Switch 2 Price Hike Concerns https://t.co/kjsnJtv1AD https://t.co/EKoCPK3ZTn
Open source - WC
Wccftech@wccftechPost on X ·
Nintendo's Switch 2 sales fell 41% in the September quarter as memory costs bit and operating profit dropped 16%, missing analyst estimates. 🔗 https://t.co/GumqFi5irQ https://t.co/hG9juz5n9Y
Open source - TE
Techmeme@TechmemePost on X ·
Nintendo reports Q2 net profit down 16% YoY to $468M, as rising Switch 2 component costs cut into its margins; Switch 2's H1 FY 2027 sales fell 37% YoY to 6.49M (@6d6f636869 / Bloomberg) (Visit Techmeme dot com for the link and full context!)
Open source - VG
VGC@VGC_NewsPost on X ·
Nintendo Switch 2 sales have dropped 37%, but it’s still comfortably beating the original console, according to the company's latest earnings results. https://t.co/nAbl7FOVrK https://t.co/cPMcVAeHHB
Open source - CN
CNBC@CNBCPost on X ·
Sales of Nintendo’s flagship Switch 2 plunged in its fiscal second quarter after the Japanese gaming giant rolled out price hikes amid soaring memory costs. Nintendo said it sold 2.67 million units of the Switch 2 in the three months ended Sept. 30, down 41% from the same period last year. That was also lower than the 3.82 million units sold in the prior quarter. Read more: https://t.co/wgy0hT8YWH
Open source - VG
VGC@VGC_NewsPost on X ·
Nintendo says that it has no plans to roll out another Switch 2 price hike. https://t.co/UifGE7dUN2 https://t.co/NAk7hTOngH
Open source - IG
IGN@IGNPost on X ·
Nintendo has ruled out further Switch 2 price rises while reporting falling console sales and reduced profit. https://t.co/ITkmtcbQo1 https://t.co/WEICc0aMJ8
Open source - QU
Quartz@qzPost on X ·
A $50 price hike is slowing Switch 2 momentum Nintendo missed earnings estimates as Switch 2 hardware sales dropped 41% year-over-year after the console's U.S. price jumped to $499.99. The company is absorbing most tariff costs rather than passing the #Nintendo #Switch2 #Gaming https://t.co/XmngXzIZpr
Open source