Nintendo has denied reports that the OLED switch will be more profitable

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Nintendo has denied reports that the OLED switch will be more profitable

Nintendo has issued an unusual statement denying the report, saying that the next OLED version of the Switch will have higher profit margins than the regular model. The report, published by Bloomberg last week, speculated that the highs in the OLED switch could be as high as 10 10 per unit, according to analysts.

“A July 15, 2021 (JST) report claims that the profit margin of the Nintendo Switch (OLED model) will increase compared to the Nintendo Switch.” Statement Reads “In order to ensure a proper understanding between our investors and consumers, we want to make it clear that this claim is false.” Nintendo did not provide any information on the profit margin of any of the Switch consoles.

The OLED switch costs 34 9,349.99, 50% more than the standard model. With the exception of the 7-inch 720p OLED screen, it doubles the internal storage to more than 64GB, adds an Ethernet port to the dock, and includes a more flexible kickstand. If the estimates quoted by Bloomberg were correct, it would mean that Nintendo could earn an additional $ 40 per model sold, but the company now says that is not the case.

Nintendo also said in a statement that it “has no plans to launch another model at this time.” Bloomberg had previously said that the new version of the switch would not only come with an OLED screen, but also the ability to produce 4K resolution using more powerful interiors and Nvidia’s DLSS technology.

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