Nintendo denies report that OLED swap could have increased revenue margin

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Nintendo made an uncommon assertion denying a report that the upcoming OLED model of the Swap would have increased revenue margins than the common mannequin. The report in query was launched by Bloomberg final week, speculating that the higher-end parts of the OLED swap may very well be round a further $ 10 per unit, in keeping with estimates by analysts.

“A news report dated July 15, 2021 (JST) claimed that the profit margin of the Nintendo Switch (OLED model) would increase compared to the Nintendo Switch,” the Nintendo assertion stated. “To ensure a correct understanding among our investors and customers, we want to make it clear that the claim is wrong.” Nintendo didn’t present any data on the revenue margins of the 2 Swap consoles.

The OLED swap is priced at $ 349.99, which is $ 50 greater than the usual mannequin. Other than the 7-inch 720p OLED display screen, it additionally doubles the inner storage to 64GB, provides an Ethernet port to the dock, and features a extra versatile stand. If the estimates quoted by Bloomberg have been appropriate, Nintendo would make as much as $ 40 extra with each mannequin offered, however the firm now says it does not.

Nintendo additionally stated in its assertion that it “currently has no plans to introduce another model”. Bloomberg had beforehand reported {that a} new model of the swap would come not solely with an OLED display screen, but in addition with extra highly effective internals and the flexibility to output 4K decision utilizing Nvidia’s DLSS expertise.

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