Despite the global economic conditions, Nintendo has chosen not to ratchet up the price of the switch, unlike PlayStation, which cited the economic issue and made a startling decision to raise PS5 prices in Europe, Japan, and parts of North America. It goes on the same line as Microsoft quoted Sony’s unexpected decision by saying that the company was determined to “offer its fans a great gaming experience.”
Nintendo has expressed its stand in a statement that includes a quote from company president Shuntaro Furukawa. Nintendo’s full statement includes a quote from company president Shuntaro Furukawa, given during its June AGM, and reiterates that Nintendo’s prices are staying for now.
No PlayStation Price Hike as of now
As our president, Mr. Furukawa stated at the 82nd Annual General Meeting of Shareholders in June: “While we cannot comment on pricing strategies, we currently do not have any plans to change the price of our hardware due to inflation or increased procurement costs in each country. We will determine our future pricing strategies through careful and continued deliberations. “While the final price to consumers is always determined by retailers, as Mr. Furukawa stated, Nintendo has no plans to increase the trade price of its hardware.”
It is quite off-center to get to know the out-of-the-blue decision by PlayStation to bump up the price for its PlayStation 5 base model and discuss the version, which will now both comes at a price sticker of £30 more in the UK and €50 more in Europe. Intercontinental, China, Japan, Australia, Canada, and Mexico will also come under the new pricing segments. Howbeit, the US is excluded from the list. The flabbergasted step from PlayStation has heavily been criticized.
