Nintendo has said in a statement that the OLED version of the Switch console does not have a higher profit margin than the regular model. A report was released last week claiming that the Nintendo Switch OLED changes cost just $ 10 per device, but the console sells for $ 50 more than the previous generation, so it has a higher profit margin than the previous generation.
Nintendo Statement explains“A news report on July 15, 2021 claimed that the profit margin of the Nintendo Switch (OLED model) has increased compared to the regular Nintendo Switch. “In order to be transparent to our investors and customers, we must clarify that this claim is false.” Nintendo has not released further details on the profit margins of the various Switch console models.
The 7-inch OLED Switch is priced at $ 349, which is $ 50 more than the standard $ 300 version. It also doubles its internal storage capacity to 64GB. The OLED switch now has an Ethernet port in its dock and uses a more flexible stand.
The report, published last week by Bloomberg, says Nintendo will pay only $ 10 more for the changes, but will add $ 40 to its profit margin. However, Nintendo has denied the allegations. The company also says it has no plans to make another version of the console at this time.
Earlier, Bloomberg said in a report that Nintendo is looking to build a version of the Switch console that not only has Samsung’s OLED display, but also uses more powerful components and can provide 4K output using Nvidia’s DLSS technology. The device, rumored to be called the Nintendo Switch Pro, will have a 7-inch display and will likely be available at a higher price than the current OLED version.