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barneystinson69 said:

The PS4 and XB1 are both 299 (in fact, the XB1 is actually on sale for 279 right now). You can't possibly tell me the HW inside the Switch is worth as much as either of the former two consoles.

if you put the hardware of the switch inside a console then not, it's not expensive. But here we are talking about more than just a chip, we are talking about two controllers with some good tech a screen and portability. the same example, there are gaming laptops more expensive than gaming desktops even when the desktops are more powerful. And of course, Nintendo needs profit, which is not bad for a company.