Nintendo executives have justified the price hike to $450 for the new Switch 2, highlighting improved hardware and new features as key reasons. Vice President Bill Trinen pointed out that inflation affects pricing across all industries, noting that the original Switch's price, adjusted for inflation, would be significantly higher today. While the jump from $299 to $450 (a 50% increase) poses challenges for consumers, particularly those with stagnant incomes, he believes this pricing reflects the current economic environment. Additionally, first-party game prices have also risen in response to inflation, moving from stable historical prices to new ranges of $70 to $80.
As you add more technology into a system, especially in this day and age, that drives additional cost.
We're unfortunately living in an era where I think inflation is affecting everything.
I personally would love if the cost of things didn't go up over time. And certainly there's the cost of goods and things that factor into that.
The price of video games has been very stable for a very long time.
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