Nintendo denies report on Switch OLED profit margin, no current plans for other new models
Last week, Bloomberg claimed that the Switch OLED model is costing Nintendo just $10 more to produce. Now, however, Nintendo is denying that report.
On a brief statement on Twitter, Nintendo said that “the claim is incorrect.” The company also noted that it currently has no plans for any other Switch models.
The full statement reads:
A news report on July 15, 2021(JST) claimed that the profit margin of the Nintendo Switch (OLED Model) would increase compared to the Nintendo Switch. To ensure correct understanding among our investors and customers, we want to make clear that the claim is incorrect.
We also want to clarify that we just announced that Nintendo Switch(OLED Model) will launch in October, 2021, and have no plans for launching any other model at this time.
