Nintendo Officially Responds to Controversial New Nintendo Switch OLED Report

When the Nintendo Switch OLED launches later this year, the system will retail for $349, which is $50 more than the current model of the console. A recent report from Bloomberg claimed that, despite this increase in price, the OLED version costs just $10 more for Nintendo to manufacture. Today, Nintendo addressed that reporting with a new Tweet, debunking Bloomberg's figure. According to the company, Nintendo's profit margin compared to the previous Nintendo Switch model will not be increasing. The company apparently felt the need to clarify this fact for its customers, as well as its investors.