The Japanese company outright denies the claims that say the more expensive Nintendo Switch model would give them more profit than the previous two versions of the hybrid platform.

We have discussed the Nintendo Switch OLED model when it was announced, and we also mentioned that Sony is closely keeping an eye on the situation, as this version of the Switch doesn’t come with upgraded internals (even though rumours have been saying for a while that a Nintendo Switch Pro model is in the works with beefier hardware), but it still costs 50 bucks more than the base model. This could lead to Sony increasing the price of the PlayStation 5.

Bloomberg reported about this, which, surprisingly, led to Nintendo (who often doesn’t comment on any rumours and such) tweet their official stance on what we have heard so far: „A news report on July 15, 2021 (JST) claimed that the profit margin of the Nintendo Switch (OLED Model) would increase compared to the Nintendo Switch. To ensure correct understanding among our investors and customers, we want to make clear that the claim is incorrect. We also want to clarify that we just announced that Nintendo Switch (OLED Model) will launch in October 2021, and have no plans for launching any other model at this time,” Nintendo wrote, not naming Bloomberg in the process.

Why did the big N respond? Bloomberg said that the OLED version of the Nintendo Switch has a roughly ten-dollar higher manufacturing cost, meaning the other forty dollars lead to an increased profit margin for the Japanese company. Keep in mind that this publication was also at the origins of Switch Pro reports earlier this year, though rumours of an updated version of the console started as far back as 2018.

Nintendo Switch OLED will launch on October 8 for 350 dollars.

Source: Gamesindustry