Nintendo signaled it could raise the price of the Switch 2 depending on Trump's trade policy.
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Macroeconomic uncertainty didn’t seem to phase gamers this week. They shelled out a whopping $450 a piece for 3.5 million units of the new Switch 2 in the first four days after launch. That makes it the company’s fastest-selling console ever, and it’s an encouraging sign for the rest of the industry.
Customers line up outside of a Best Buy store waiting for the midnight opening to purchase Nintendo's Switch 2 console on June 5 in Pembroke Pines, Florida.
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Even with that eye-watering price tag, William McKeon-White, an analyst with Forrester, expects the Switch 2’s momentum to hold through this year’s holiday shopping season.
“I can understand it because this is the math I have been doing myself in my own head, which is, ‘Do I believe that the price of this console will ever go down?’” he said.
After past console releases, gamers could hold out for discounts a year or two after launch. But Nintendo has signaled it could raise the price of the Switch 2 depending on Trump's trade policy.
“What the Switch 2 represents right now is a sort of resurgence in engagement,” he said.
The gaming economy operates in cycles, where hyped-up console launches can energize customers and boost game sales, Ahmad added — something the sector needs badly as it regroups after its pandemic boom fizzled out.