0

Nintendo refutes report Switch OLED model will have higher profit margin

Nintendo doesn’t comment on rumours and speculation most of the time, so it’s a bit weird when they do.

Last week, Bloomberg reported that the Switch OLED model, which costs $50USD more only, reportedly only costs Nintendo $10USD more to make. This higher margin would mean that Nintendo makes more profit off each console sold.

Today Nintendo took to its official account to refute the report saying that it is ‘incorrect’. It also noted that there are no plans to launch another model of the Switch at this time. It’s not often Nintendo directly comments on reporting such as this.

Nintendo’s next financial report is due early next month. For Nintendo to comment before then means they want expectations set correctly with investors (and everyone else) regarding a higher profit margin.

What's your reaction?
Awesome
0%
Oh wow!
18%
Great
0%
Fresh
18%
Hmm
45%
Disappointing!
18%
Grrrr
0%
About The Author
Daniel Vuckovic
The Owner and Creator of this fair website. I also do news, reviews, programming, art and social media here. It is named after me after all. Please understand.

You must log in to post a comment