Nintendo not looking at hiking Switch prices

Neilson Barnard/Getty Images Entertainment Despite inflation that has roiled a number of industries, particularly those making products for end consumers, Nintendo (OTCPK:NTDOY) isn’t currently considering raising the price of its Switch console, Nikkei reports. That comes from an interview with President Shuntaro Furukawa, who says Nintendo wants to avoid “pricing people out” of the popular console. Well-publicized snags in shipping channels and the semiconductor supply chain contributed to Switch sales sliding 23% in the second quarter, and the outlook suggests profits will drop accordingly.