Nintendo Says No More Switch 2 Price Hikes for Now

Nintendo president Shuntaro Furukawa says the company isn't planning another Switch 2 price increase, citing sufficient memory supply after the console jumped from $450 to $500.

If you've been holding off on a Switch 2 because of the price tag, here's a small bit of good news. Nintendo says it isn't thinking about raising the price again anytime soon.

The word comes straight from Nintendo president Shuntaro Furukawa, who addressed the topic during the company's earnings briefing. According to Nintendo Everything, Furukawa said the company currently has no plans for another price hike on the Switch 2. This statement lands after the console already went from $450 to $500 due to rising memory costs.

So what's behind the confidence? Furukawa noted that the memory situation hasn't seen any major changes, and the company is able to secure sufficient quantities. In other words, Nintendo feels it has enough memory on hand to keep things steady for the time being. That's a reassuring note for anyone worried about another price bump sneaking up.

The report also points out that other consoles have raised their prices multiple times, but the Switch 2 isn't following that path right now. For players getting ready to buy a Switch 2, two things matter most: whether the price will climb again and whether supply will stay stable. This latest comment gives a temporary "no" on the price question.

That said, it's not all sunshine. The same report mentions that Switch 2 hardware sales and Nintendo's profits dipped somewhat in the most recent quarter. Price increases and other factors are part of the picture, so the company's financials are worth keeping an eye on.

Here's a stat that might surprise you, though. Despite the price hike and those softer numbers, the Switch 2 is still outselling the original Switch when you line up their launch timelines. The newer console has been ahead in almost every quarter since release. Not bad for a system that's already seen a price increase.

For now, Nintendo's stance is clear: no second price hike on the table. Whether that holds long-term is anyone's guess, but at least you've got a little breathing room if you're saving up. What do you think—is the Switch 2 worth the current $500 price, or are you waiting for a sale? Let us know in the comments.