Sunday, 18 July 2021 16:47

Nintendo Denies Report About Switch OLED Profits | Game Rant

Written by Jared Carvalho
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Nintendo addresses rumors about the profit margins of the upcoming Switch OLED as well as the likelihood of a new Pro model coming this year.

Since the initial announcement of Nintendo's upcoming new Switch OLED, fans and analysts have quickly begun to speculate what this could mean for the system's future. Well, following several rumors and assumptions from fans about the Switch Pro, Nintendo has come out to address the buzz and correct some claims about both this newly announced system and any ones that might be coming at a later date.

The major error that Nintendo wanted to get in front of for the Switch OLED comes from a Bloomberg report that claimed that the new system would have a wider profit margin than its predecessor. This apparently ran on the assumption that the new system would cost an extra $10 per unit to manufacture and would sell for an extra $50, earning a net gain of $40 in profits per system over the original Switch.

RELATED: PlayStation is Monitoring the Switch OLED, Could Change Hardware Pricing

In a tweet from Nintendo's account used for reaching out to investors, the company addressed this news about the increased profit margins for the upcoming Switch OLED directly. According to Nintendo, this claim from the Bloomberg report is incorrect, implying that the increased cost in manufacturing and price at retail does not come out to the previously estimated numbers. Additionally, the gaming developer also took the time to address separate rumors about the Switch Pro that many players continue to speculate could still be coming later this year or 2022.

While Nintendo didn't mention the Switch Pro model specifically, the tweet does take the time to clarify that there are no plans for launching any other models than the OLED at this time. Fans have started dividing into two camps on the exact wording of this, however, claiming that this could mean that a new model could be coming next year or not coming at all. Considering the response intended both for customers and investors, this is much more likely the last nail in the coffin for a fully upgraded Switch Pro coming anytime soon.

It isn't surprising that Nintendo decided to get in front of this claim about profit margins, considering how it might look from a customer perspective to be expected to pay so much more for so little advancement. That being said, this isn't entirely common for a company that often has dozens of rumors about Switch Pros and revived franchises buzzing around among fans every day.

Taking the time to address the likelihood of any other models of the developer's most popular system might also be the best decision at the moment, especially since that means fans won't be tempted to skip the Switch OLED for a more powerful console down the line.

The Switch OLED launches on October 8, 2021.

MORE: What We Want From a Next-Gen Nintendo Switch Console

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