Nintendo Switch, Xbox confirm NO price increase for now

Both Nintendo and Microsoft, in response to Sony’s PlayStation 5 price increase, confirmed that their flagship consoles won’t get price hike anytime soon.

Nintendo Switch (left) and Xbox Series X (right)

In a statement issued to Eurogramer, Nintendo reaffirmed that it had “no plans to increase the trade price of its hardware.”

Nintendo further cited its company president Shuntaro Furukawa’s statement 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.”

Microsoft on the other hand, is also not considering Xbox consoles price increase for now. It reiterated that prices of Xbox Series X or the Xbox Series S will remain at their suggested retail prices.

“We are constantly evaluating our business to offer our fans great gaming options. Our Xbox Series S suggested retail price remains at USD 299PHP 17,547INR 25,340EUR 285CNY 2,176, the Xbox Series X is USD 499PHP 29,284INR 42,290EUR 475CNY 3,632,” Microsoft said in a statement to Windows Central.

In the Philippines, Nintendo Switch (OLED) is currently priced at Php 16,795USD 286INR 24,262EUR 273CNY 2,084 via DataBlitz. The Xbox Series S and Series X are priced at Php 18,495USD 315INR 26,718EUR 300CNY 2,295 (512GB) and Php 34,995USD 596INR 50,554EUR 568CNY 4,343 (1TB), respectively.

Of course, this does not necessarily mean that their prices remain the same in the long-term. With the current state of global economic environment, especially the impact of global inflation rates and adverse currency trends, we might expect Nintendo and Xbox to follow suit of Sony’s console price hike some time later.

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