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Nintendo doesn't need to cut the price yet for the Switch especially not before the release of two next-gen systems next year. A lot of people forgot Nintendo is capable to make a drastic decision to lower their system price as it was shown during 3ds era while the Wii U situation was kinda beyond salvation point, the system itself wasn't desirable product like past Nintendo system so they just let the system to die rather than wasting their energy to strategize its resurrection's plan and focusing on their next project the "NX".