Nintendo confirmed in its latest earnings briefing that the company currently has sufficient inventory to cope with the industry-wide memory shortage and hardware cost pressures. There are no plans to raise the price of the Switch 2 again in the near future, with the current goal being to maintain the existing price.
This does not mean that the Switch 2 has never seen a price increase. The console underwent a round of price adjustments several months ago, with the US market price rising to $500 and similar adjustments made in other global regions. PlayStation and Xbox hardware also saw price hikes this generation, and all current-generation consoles are now priced higher than at launch.
Therefore, Nintendo's statement only indicates that it does not plan to raise prices again in the near future, rather than committing to long-term price stability. The same financial report showed a 16% drop in profits and a 37% decline in Switch 2 sales; however, Nintendo stated that the new console's overall sales performance still exceeds that of its predecessor.
The industry-wide memory shortage may persist until 2027, with no definite timeline for supply to return to balance. According to Nintendo's current plans, the purchase cost of the Switch 2 is not expected to increase again in the short term due to memory supply issues, as the company will use existing inventory to absorb supply chain pressures.