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CheddarPlease said:

Given that Switch sales in Japan jumped nearly 50% last month for two weeks off a nationwide promotion, I'd say price cuts would do a lot more than people think they would at this point in the Switch's life. Also noteworthy is the fact that Nintendo expects revenue and profit to be down significantly in their financial forecast, even as sales remain relatively stable, which suggests that they expect to eat into their own margins this year, which is usually a sign of impending price cuts or bundles

No Mario movie and the Switch 2 initial manufacturing costs to take into account, though.