Tariffs is the most beautiful word in the dictionary you fucking haters.
*Cries in a corner as a TSMC investor*
Tariffs is the most beautiful word in the dictionary you fucking haters.
*Cries in a corner as a TSMC investor*
CourageTCD said: I've heard Nintendo sits in a pile of money due to Wii+DS and now Switch's sucess. That they had money to survive 2 or more Wii Us. If that's true, wouldn't it be better if they stick with Switch 2's current price and simply take the hits of these tariffs using that money I mentioned? If they rise up Switch 2's price even more, the Nintendo brand could be damaged to a no return point (it has been damaged already with the games' price polemic) |
Nintendo has that kind of money as cash reserves, but they don't have control over what retailers charge. For argument's sake, let's say that Nintendo's plan was to sell Switch 2 for $400 to American retailers who then it sell for $450 to consumers. If Nintendo now adjusted their price to retailers to only $200, retailers might just say that they'll charge $600 regardless, because the American population is facing significantly higher prices for all kinds of products due to the tariffs. In that case Nintendo would take a loss for absolutely nothing.
Nintendo won't raise the selling price to retailers because of the tariffs. What the tariffs mean is that retailers will pay the same $400 from the above example to Nintendo and then $160 to the US government if we go with a tariff of 40%. The cost for the retailer is then $560, so they'll put a $600 price tag on it to make a profit from it. But this wouldn't damage the Nintendo brand because all kinds of goods will see a significant price increase at the same time, including the PS5.
Legend11 correctly predicted that GTA IV will outsell Super Smash Bros. Brawl. I was wrong.
RolStoppable said:
Nintendo has that kind of money as cash reserves, but they don't have control over what retailers charge. For argument's sake, let's say that Nintendo's plan was to sell Switch 2 for $400 to American retailers who then it sell for $450 to consumers. If Nintendo now adjusted their price to retailers to only $200, retailers might just say that they'll charge $600 regardless, because the American population is facing significantly higher prices for all kinds of products due to the tariffs. In that case Nintendo would take a loss for absolutely nothing. Nintendo won't raise the selling price to retailers because of the tariffs. What the tariffs mean is that retailers will pay the same $400 from the above example to Nintendo and then $160 to the US government if we go with a tariff of 40%. The cost for the retailer is then $560, so they'll put a $600 price tag on it to make a profit from it. But this wouldn't damage the Nintendo brand because all kinds of goods will see a significant price increase at the same time, including the PS5. |
People really should go ASAP go buy the console's, laptops,. smartphone, PC components and whatnot they want cuz if the tariffs maintains itself, the prices there are gonna get to a crazy point !
Switch Friend Code : 3905-6122-2909
Mar1217 said:
People really should go ASAP go buy the console's, laptops,. smartphone, PC components and whatnot they want cuz if the tariffs maintains itself, the prices there are gonna get to a crazy point ! |
Yep go get it, before they go into effect and prices go up.
Mar1217 said: People really should go ASAP go buy the console's, laptops,. smartphone, PC components and whatnot they want cuz if the tariffs maintains itself, the prices there are gonna get to a crazy point ! |
Certainly, people who are in need of something should have bought their stuff a week ago already, because Trump's tariff announcement was known to come on April 2nd. The actual announcement was worse than anyone expected, but it was clear that it would be bad without a doubt, so enough reason to buy your stuff while the prices are still at March level.
A trade war of this scale is something that not even the mighty USA can endure for long. That's why I am not expecting the worst case scenario that the announced tariffs will still be in place come June.
Legend11 correctly predicted that GTA IV will outsell Super Smash Bros. Brawl. I was wrong.
KLXVER said: I just saw the prices here in Norway and oh boy... Its about as much as the slim PS5 with the discdrive. |
I just noticed the irony. -_-
BasilZero said: I hope this doesnt make it $700.... |
It's basically already that in Canada.
Video game companies stocks are taking a hammering, as are most other companies.
Over the last 5 days:
Nintendo: -10.78%
Ubisoft: -20.95%
EA: -6.18%
Take Two: -6.47%
Tencent: -13.87%
Sony: -21.09%
Capcom: -7.89%
Bandai Namco: -7.37%
Sega: -13.48%
Sony's video game business is probably in a better position to weather the tariffs than Nintendo with it's console already established, but all of its other businesses are going to be hit hard too, TV's etc.
Ubisoft stock was already in the trash before this. Over the last 5 years they've dropped 87%.
Zippy6 said: Video game companies stocks are taking a hammering, as are most other companies. Over the last 5 days:
|
Should have said thank you to America.
Nintendo of America president Doug Bowser says that tariffs did not directly impact the console’s original price tag. “Put [the April 2nd announcement] aside. Any previous tariffs were not factored into the price itself,“
I've seen some say they thought the $449 pricetag was set already in anticipation of some tariffs but apparently not.
https://www.theverge.com/nintendo/643277/nintendo-switch-2-price-tariffs-doug-bowser-interview