Nintendo Switch 2 could be priced at an eye-popping $500

The big picture: Following the stellar success of the original Switch, many are eagerly awaiting its successor. In January, Nintendo gave fans their first official glimpse of the second-generation Switch, confirming that it will be called the Switch 2. Unfortunately for prospective buyers, a new report suggests that it may come with a significant price increase over its predecessor. According to Bloomberg, several analysts with insider knowledge, as well as Nintendo's hardware and software partners, expect the Switch 2 to be priced between $400 and $500. One such analyst, Toyo Securities' Hideki Yasuda, predicts the console could retail for as much as $499. He attributes the potential price hike to the cost of the Switch 2's processor, which is expected to be significantly more expensive than the chip powering the first-generation model. The original Switch's Nvidia chip costs around $80, while the Switch 2's chip is estimated to be in the $130 – $150 range. Beyond the processor, lo ... Read full article.