Nintendo quarterly sales update (To September 30th 2022) Switch 114.33 million

[RolStoppable]

Shatts said:

RolStoppable said:

They have to pretend that. If Switch Sports is a success, then the most popular of the Wii will be trashed for good. There's more at stake here than just one game.

Tbf Switch Sports will never surpass the original in what it achieved

It doesn't need to.

trunkswd said:

RolStoppable said:

It's not nuts in the current environment of the highest inflation rates since the existence of commercial video games. At this point in time virtually nobody's surprised nor really upset that products get more expensive, because so many have already increased in price. On the other hand, expecting price cuts in 2023 is pretty nuts, because the world isn't going to go back to the old prices, i.e. deflation. What we'll see at best in 2023 is that the inflation rates return to their normal of 1-2% per year instead of the current madness of ~10% in Europe specifically.

More likely than price cuts are adjustments to all SKUs by adding a bit more value to them while maintaining the current prices. Due to Switch's age, I'd expect any possible price increase of the hardware to go hand in hand with one game being bundled as a standard practice, because that's the best way to bump the perceived value of a console package.

I didn't think about the inflation rates we've been seeing this year. I am just thinking that money will be tighter for most people and will be less willing to spend money on non-essential goods. 

Certainly, a lot of people will have to be more considerate in how they spend their money. But while video games are non-essential, their purpose of entertainment and being a diversion/distraction from the real world gives them enough draw that it's unlikely that we'll see a significant decline in demand for them. That's why even in the event of price increases we won't have to worry about the state of the market.

Another way to look at the current inflation rates is that the lack of a price increase for a product is kind of similar to a small price cut. It's not going to be perceived as a price cut, but when almost everything else in life costs more, then it can still be viewed as something positive and an incentive to take the plunge for anyone who has waited for an actual price cut. Naturally, this isn't going to boost sales like a real price cut would. But in any case, this is not the time to expect price cuts for any console anytime soon.