Nintendo denies reports it'll squeeze more profits from Switch OLED

Photo by Alvaro Reyes on Unsplash

Nintendo usually doesn't reply to rumours and reports, but this time, the company wanted to set the record straight that it wouldn't squeeze more profit out of the upcoming Switch OLED model. Last week, a Bloomberg report cited industry analysts claiming that it only cost Nintendo around USD 10 per unit to produce, while its USD 350 price is USD 40 more than the previous model.

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Nintendo launches new Switch with larger OLED screen

After many rumours, Nintendo unveils its new Switch model. It features a larger 7-inch, 720p OLED screen with smaller bezels. It has 64GB of storage, a wired LAN port and works with existing JoyCon controllers. It does not output in 4K, though. You can get it in a neon red/blue colour scheme with a black dock or in a white/black colour scheme with a white dock. It'll cost USD 349.99 (around CAD 434) and arrive on October 8th.

As Engadget noted, it might be tough to get your hands on this new console. The company is still contending with shortages and production issues. While the original Nintendo still sells well, the console was due for a refresh.