… "Unfortunately, the recent surge in memory and other component prices ... and trends in the foreign exchange market and the price of oil, are all factors that we anticipate will continue over the medium to long term." Furukawa continued: "We felt that the profitability of our hardware would suffer … …
… "Nintendo, for example, has plenty of room to adjust the pricing for Nintendo Switch Online subscriptions upward." One concern he sees for Nintendo specifically is the impact that hardware price increases will have on the original Switch console. …
Nintendo shares have dropped after president Shuntaro Furukawa acknowledged that raising the prices on its hardware "will raise the barrier to purchase." While the company has clawed back a little of that loss throughout the day , Nintendo's share value is down almost 9% compared to just five days … …
… Xbox hardware revenue dropped 33% after price increases for Series X and S consoles in the US last year. Prices increased by $20 to $70 across the hardware range. Despite lower content and hardware revenue, Xbox achieved record monthly active users and streaming hours this quarter. …
… However, the platform holder experienced a decline in hardware revenue, with unit sales of PlayStation 5 dropping 15.7%. It follows a prior price hike last April, too, when Sony increased the price of its PS5 consoles in Europe, the UK, Australia, and New Zealand. …
… "We plan to base our PS5 hardware sales in FY26 on the volume of memory we can procure at reasonable prices, and we expect hardware profitability to be essentially the same as FY25. …
… The platform holder also announced price increases for the new console in Japan, the US, Canada, and Europe, citing "changes in market conditions" from ongoing memory component shortages and other factors. …
… "The just-finished fiscal year is a good example." Toto predicted 18 million units sold for the fiscal year, despite recent price increases that Nintendo president Shuntaro Furukawa attributed to current market conditions . …
… "If the rise in memory prices continues for longer than expected, it may start to have an effect on hardware profitability. …
… Before its June launch last year, Nintendo announced it would increase Switch 2 accessory prices in the US due to market conditions. For the console itself, Nintendo president Shuntaro Furukawa has not ruled out future price increases . …
