Microsoft and Nintendo are probably not raising console prices like Sony
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It’s kind of a weird time to find yourself in the market for a console. Sony is raising prices on the PlayStation 5 in a whole bunch of regions, citing “challenging economic conditions” and ongoing supply problems. The price hike, specifically, is hitting Europe, the UK, Japan, China, Australia, Mexico and Canada.
Nothing in the US, but those regions cover a whole lot of the rest of the world.
Before Sony, Meta announced a price hike on its Meta Quest 2 VR headsets, bumping prices for the two year old headset by $100. The price increase was sort of historical; normally prices go down over time, not up.
So if Sony is pushing a price bump on one of the big three consoles, what’s going to happen with the other two? Well, luckily, Nintendo is being pretty clear about the future. Nintendo boss Shuntaro Furukawa laid it out very clearly during a shareholder meeting.
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‘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,” Furukawa explained. “We will determine our future pricing strategies through careful and continued deliberations.”
More recently, Nintendo reaffirmed the sentiment to Eurogamer in the wake of the Sony announcement.
It’s a bit of a relief that the Switch isn’t suddenly going to cost more, but it makes sense to me. The Switch is everywhere. It’s done huge numbers.
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