• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Nintendo Denies the Switch OLED Is More Profitable, New Model Rumors

July 19, 2021 by Rachel Kaser

Nintendo denies that it’s making yet another model of the Switch.

Nintendo’s latest model of the Switch, the OLED model, got a relatively tame response from the gaming industry and fans. It was overshadowed by the specter of a hypothetical console, the Switch Pro, that would have been more powerful but for which there had always been tentative evidence. It appears Nintendo is trying to both head off potential speculation about another Switch Pro, as well as shut down rumors about the Switch OLED’s price point.

A recent Bloomberg report claimed that Nintendo’s new Switch OLED model cost about $10 more than the usual Switch to manufacture, and it’s being sold for $50 more in an attempt to increase the profit margins per unit. It also said that Nintendo was relying on the momentum created by the pandemic demand for their consoles to create enough interest that gamers will just pay the new price on the console.

Nintendo put out a statement today that didn’t name Bloomberg, but said, “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.” Given that it was at least partly media reports that pumped up the hopes for a Switch Pro model that never actually materialized, I don’t blame Nintendo for choosing to refute this report specifically. 

Another rumor that Nintendo has officially smacked down in a reply to the original tweet is the one that they’re still secretly working on the Switch Pro and will reveal it soon: “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.” They’ve said that for a while, so this should come as no big surprise.

Source: Nintendo/Twitter

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

Metroid Prime 4: Beyond - Before You Buy

Metroid Prime 4: Beyond - Before You Buy

ROUTINE - Before You Buy

ROUTINE - Before You Buy

10 Upcoming FPS Games That LOOK INSANE

10 Upcoming FPS Games That LOOK INSANE

Red Dead Redemption (PS5 Switch 2) - Before You Buy

Red Dead Redemption (PS5 Switch 2) - Before You Buy

This Game Wants To Be SKYRIM 2 Before Elder Scrolls 6

This Game Wants To Be SKYRIM 2 Before Elder Scrolls 6

Marvel Cosmic Invasion - Before You Buy

Marvel Cosmic Invasion - Before You Buy

Top 25 BEST PS5 Games of 2025

Top 25 BEST PS5 Games of 2025

10 WEIRD GAMING Stories of November 2025

10 WEIRD GAMING Stories of November 2025

DESTINY 3 LEAKED, CONSOLE PRICES GOING UP AGAIN? & MORE

DESTINY 3 LEAKED, CONSOLE PRICES GOING UP AGAIN? & MORE

Category: UpdatesTag: Nintendo Switch, Nintendo Switch OLED, Nintendo Switch Pro

Sidebar

Recent Posts

  • GTA 6 Fans Discuss The Places In-Game They Want To Explore The Most
  • Epic Games Store Has A Special Mystery Giveaway For You During The Game Awards
  • How Many Gamers Have Truly 100% Completed Borderlands 4?
  • Todd Howard Invited the Obsidian Team To See Fallout Season 2 New Vegas Set
  • GTA 6 Fans Once Again Attempt To Predict “Timeframe” For What Comes Next

Copyright © 2025 · Gameranx · All Rights Reserved · Powered by Mai Theme