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curl-6 said:

Yeah the Lite is not a price cut as its a different model that strips back key features. If the Lite acted as a price cut then the majority of units sold since its release would be the Lite model, yet even in Japan the original and OLED models sell more despite their higher price point.

The base Switch cost $300 USD in 2017 and costs $300 USD today. The system has not yet had a permanent price cut.

It's something Nintendo gets a lot of grief for in not cutting their prices especially on their software. Their IPs have crazy value to sell like they do while maintaining their original MSRPs. Just another reason the Switch is such a wild success.