Nintendo denies it’s going to squeeze extra revenue from its new OLED Switch | Engadget

Nintendo has taken the weird step of denying a report that it is making extra income from its new OLED Switch mannequin. Last week, a report from Bloomberg citing business analysts claimed that the brand new mannequin solely value Nintendo about $10 extra per unit to supply, whereas the $350 value is $50 greater than the earlier mannequin. 

“A news report on July 15, 2021 (JST) claimed that the profit margin of the Nintendo Switch (OLED Model) would increase compared to the Nintendo Switch. To ensure correct understanding among our investors and customers, we want to make clear that the claim is incorrect,” the corporate mentioned in a tweet. 

Nintendo does not typically react to rumors, so it is notable that it has refuted this one. However, the report entails potential income and Nintendo particularly mentions “investors,” so it might have needed to go this one off for fiduciary causes. If Bloomberg‘s report was correct, Nintendo can be making $40 extra per Switch, a reasonably notable enhance. The OLED Switch replaces the LED show on the unique Switch with a 7-inch 720p OLED display and doubles the storage to 64GB, whereas including an ethernet port and improved kickstand. 

Multiple studies additionally pointed to the potential of Nintendo launching one other console, the Switch Pro, with higher-end elements and NVIDIA’s DLSS know-how. However, Nintendo additionally shot down that rumor. “We also want to clarify that we just announced that Nintendo Switch (OLED Model) will launch in October, 2021, and have no plans for launching any other model at this time,” Nintendo added in a follow-up tweet. 

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