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I think Nintendo’s R&D team looks carefully into how they price their consoles based on the parts they can get and the cost measures to make said consoles. Then they probably consider what is a competitive price that allows them to make back the production costs. I’m sure they have th research data on how the Switch being used in households. If people are willing to buy a revision at $350, then they were right to price it as such. If not a lot of people don’t buy it, then they don’t buy it and Nintendo will look into what went wrong.