Nintendo said it is delaying the start of pre-orders for the Switch 2 gaming device in the United States as it examines the potential impact of tariffs.
The new tariffs, which include a 24% levy on products imported from Japan, are prompting major Japanese companies to reevaluate their US strategies.
The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.
Nintendo said on Friday that pre-orders for the company's hotly anticipated Switch 2 console would be delayed while the company considers the impact of tariffs. "Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9, 2025 in order to assess the potential impact of tariffs and evolving market conditions," a Nintendo representative told CNBC.
Nintendo will delay US preorders of the Switch 2 due to the potential impacts of recent tariffs. The company said US-based customers won't be able to order it from April 9 as previously planned.
Nintendo is delaying preorders for the newly-announced Switch 2 in the U.S. due to concerns around President Donald Trump's tariffs. Preorders will no longer begin on April 9.
Nintendo is delaying preorders for the newly-announced Switch 2 in the U.S. due to concerns around President Donald Trump's tariffs. Preorders will no longer begin on April 9.
This is going to be a big launch lineup for the Nintendo Switch 2.
Nintendo prepares to launch the Switch 2 as the video game maker is facing new handheld device competitors. Bloomberg's Cecilia D'Anastasio discusses the details with Caroline Hyde on “Bloomberg Technology.
The new Nintendo Switch 2 console will release in June at a launch price of $449.99, the gaming company announced Wednesday—a significant hike from the $300 the first Switch cost in 2017 as the price of games has also spiked, frustrating consumers who hadn't expected the large price increase.
New console features larger screen, double the pixels and magnetically attached controllers
TOKYO (Reuters) -Nintendo said on Wednesday the Switch 2 would launch on June 5 with the successor to the home-portable Switch gaming device retailing for $449.99. The device offers a bigger, better screen and a mouse function. aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); The Switch 2 will retail for $449.99 in the United States and for 49,980 yen ($334.09) in Japan for a Japanese language system or 69,980 yen for a multi-language version. "The price is a bit higher than what was widely expected," said Serkan Toto, founder of the Kantan Games consultancy. The Switch has sold more than 150 million units, with hardware refreshes and hit games from franchises such as "Super Mario" and "The Legend of Zelda" extending its lifecycle. "Once the Switch 2 goes on sale, we believe the strength of demand will become evident," Jefferies analyst Atul Goyal wrote in a client note before the announcement. Games announced included "Mario Kart World". The Switch, which transformed Nintendo's fortunes after the Wii U sold poorly, launched in March 2017 priced at $299.99. One focus for investors is the strength of hardware supply after the Switch was affected by disruption. "Judging from the level of work-in-progress on the company's balance sheet, Nintendo is likely aiming for shipments of over 10 (million) units in the first year," Goldman Sachs analyst Minami Munakata wrote in a note. The Switch 2's launch comes at a time of elevated trade tensions as U.S. President Donald Trump rolls out tariffs. Analysts point to changes in the industry including the rise of subscriptions and the backwards compatibility of consoles as helping to smooth the upgrade cycle. "The situation appears similar to the transition from Sony's PS4 to PS5, where earnings continued to expand largely without any downcycle," Goldman's Munakata wrote. Nintendo's shares hit a high in February and are up more than 10% year-to-date. "We think it is unlikely that the new hardware will be big enough to justify its current share price," Amir Anvarzadeh, a market strategist at Asymmetric Advisors, wrote in a note ahead of the announcement. ($1 = 149.6000 yen) (Reporting by Sam Nussey; Editing by Aidan Lewis and Jane Merriman) By Sam Nussey