Support NeoGAF

[adamsapple]

 

[Antwix]

That's great news. We need them to stay profitable.

 

[Mokus]

That's great news. We need them to stay profitable.

More like having more profits from an already profitable product.

 

[Generic]

"Market conditions" is a meme.

 

[Unknown Soldier]

 

[Cyberpunkd]

Oh boy, Nintendo is starting early.

 

[roosnam1980]

praying for a discount

 

[HerjansEagleFeeder]

The gloves are off, customers are signaling they can get away with it, so they're doing it.

 

[GigaBowser]

i tell peoples buy now buy now you must listen to spirit of gaming

Nintendo Switch 2 prices might climb due to tariff changes — US hikes Vietnam tariffs to 20%, up from 10% when the console launched

You'd better get the Switch 2 console before tariffs strike.

www.tomshardware.com

President Trump announced a trade deal with Vietnam, which puts a 20% tariff on all goods originating from the country. This might seem like a good deal, especially as the latter originally had a 46% tariff before Trump paused the tariffs he put on all the U.S.'s trade partners for 90 days, dropping down the numbers to just 10%. Unfortunately, Nintendo, which manufactures the Switch 2 consoles in Vietnam, used the 10% tariff amount for its earnings forecast, according to PCMag. This means that the tariff change may throw a wrench into its plans.

 

[Bonfires Down]

 

[FoxMcChief]

They can afford it.

 

[Plies]

I'm a dog, I'm a MUTT

 

[Darkness_Arises]

As far as I know, Nintendo do not sell hardware and do not have an estore for Saudi Arabia. I bought the Switch 1 when I was in Saudi Arabia 8 years ago, it was a Japanese one with the weak-prong like legs on the power-adapter.

 

[Crm114]

How the hell can they continue to afford flying out instagram models and taking massive dumps on them when Nintendo keeps pulling crap like this.

 

[Plies]

How the hell can they continue to afford flying out instagram models and taking massive dumps on them when Nintendo keeps pulling crap like this.

That's Dubai, not Saudi Arabia.

 

[Crm114]

That's Dubai, not Saudi Arabia.

It's happens in both places

 

[nial]

Any SA bros here? I believe GHG is?

 

[DaleinCalgary]

Boolshit, USA tarrifs shouldn't effect other countries imports. Unless it moves from Vietnam to the USA then shipped to SA

 

[GHG]

Any SA bros here? I believe GHG is?

Not anymore, spent a decent amount of time there before, but gone back to the UAE now.

 

[DownLikeBCPowder]

Stories like this are exactly why I just bit the bullet at launch. My how economic conditions and trends have changed over the decades.

 

[CuteFaceJay]

"Market conditions" is a meme.

Nothing meme about it.

It's them saying "you're government is about to print MORE currency so we're going to ask for MORE currency for our product"

 

[LakeOf9]

this will be a long generation

 

[Heimdall_Xtreme]

It's a good thing I bought mine on time.

 

[adamsapple]

Not anymore, spent a decent amount of time there before, but gone back to the UAE now.

 

[BlackTron]

Boolshit, USA tarrifs shouldn't effect other countries imports. Unless it moves from Vietnam to the USA then shipped to SA

Everyone around the world is paying in their own way for the Switch US price not getting jacked up after the emergency preorder delay.

Edit: Except Japanese people with language locked Switch 2s maybe

 

[//DEVIL//]

Not anymore, spent a decent amount of time there before, but gone back to the UAE now.

A price increase inflected in KSA is probably gonna hit the UAE as well

 

[Kataploom]

WTF Nintendo I was planning to get another Switch 2 from Arabia Saudi just for the pleasure of seeing it coming in a flying carpet and now I can't unless I leave my family starving for a month, this anti consumer shit must end

 

[GHG]

A price increase inflected in KSA is probably gonna hit the UAE as well

Depends.

Both SAR and AED are pegged to the dollar, so the currency impact is identical. If its for those reasons then there will be price increases across the whole region.

If its down to distributors then it will likely be contained within Saudi Arabia.

 

[//DEVIL//]

Depends.

Both SAR and AED are pegged to the dollar, so the currency impact is identical. If its for those reasons then there will be price increases across the whole region.

If its down to distributors then it will likely be contained within Saudi Arabia.

I know I lived in Saudi Arabia / UAE for 20 years lol

But in general if the price is increased in UAE or KSA, they reflect on the whole gulf countries

 

[ToadMan]

Bear in mind the Saudi Riyal is pegged at a fixed exchange rate to the US dollar, which has lost value against Asian currencies since the beginning of the year.

The net effect is that Saudi suppliers are paying more for Switch stock to sell in the territory.

EDIT : beaten! Yeah what they said ∆

 

[Astray]

Any SA bros here? I believe GHG is?

I'm in SA. Got mine day 1 because I knew this would happen at some point.

 

[hemo memo]

Any SA bros here? I believe GHG is?

I'm. I got mine on day 1 though.

 

[hemo memo]

Bear in mind the Saudi Riyal is pegged at a fixed exchange rate to the US dollar, which has lost value against Asian currencies since the beginning of the year.

The net effect is that Saudi suppliers are paying more for Switch stock to sell in the territory.

EDIT : beaten! Yeah what they said ∆

So in simple, it's the US fault again.

 

[Hudo]

Nintendo are collecting coins.

 

[Scrawnton]

Adjust the prices in the U.S. also. The only way people are going to wake up to the economic fuckery we live in is when companies raise prices on the fly to counteract certain decisions that are told to be for our own good.

 

[Punished Miku]

Smart to raise it in Saudi Arabia first. Trump listens to them and they're invested in gaming. I don't think he listens to anything anyone in the US says.

 

[ToadMan]

So in simple, it's the US fault again.

I wouldn't say "fault" - currencies vary in value all the time. A weaker dollar makes exports more attractive so it depends on the economy whether increased or decreased Forex is beneficial.

The GCC states can let their currency free float if they want, but I guess they like to link it with the oil price (uses USD valuation) which they can manipulate.

Which all basically sums up as - it's just one of those things. I don't think Nintendo are stealth hiking prices, I don't think the distributor is gouging customers, I just think its a side effect of global economics at the moment.

 

[Moses85]

The people who live there have enough money

 

[PUNKem733]

Almost $600 for THAT!? Well folks, get ready, both MS and Sony are salivating, with their $999 consoles for next gen. (well I don't know about shitty MS, but Shitty sony is gonna go in for the kill)

 

[hemo memo]

The people who live there have enough money

Do you also think French people smell?

 

[Moses85]

Do you also think French people smell?

I lived in Dubai and Abu Dhabi, so I know what I am talking about.

To answer your stupid question. Yes, I know how some of them smell, I f**ked two French girls some years ago.

 

[hemo memo]

I lived in Dubai and Abu Dhabi, so I know what I am talking about.

To answer your stupid question. Yes, I know how some of them smell, I f**ked two French girls some years ago.

Visit Ajman and Ras Alkhima next and let me know how rich they are please.

 

[Baemono]

but gone back to the UAE now.

 

[Moses85]

Visit Ajman and Ras Alkhima next and let me know how rich they are please.

I was there and bought a lot of fake things.
Go to Bombay, Kalkutta … everywhere on the planet live poor People. These people have other problems than consoles they cant afford.

 

[darrylgorn]

Almost $600 for THAT!? Well folks, get ready, both MS and Sony are salivating, with their $999 consoles for next gen. (well I don't know about shitty MS, but Shitty sony is gonna go in for the kill)

They won't have the demand to match that price.

 

[Hashassin]

"and what are these market conditions?"

" the conditions are that the price goes up so people spend more money."

 

[hemo memo]

I was there and bought a lot of fake things.
Go to Bombay, Kalkutta … everywhere on the planet live poor People. These people have other problems than consoles they cant afford.

I still need the receipt of those 2 french girls though.

 

[scydrex]

Nice... they need to increase prices everywhere. Everything is more expensive.

 

[Unknown?]

So in simple, it's the US fault again.

Yes and no because the US congress cowardly punted their monetary duties onto a private central bank called the Federal Reserve. Thus it is bank policy that allows the US to spend far out of its means and create the largest bubble in history.