Nintendo disappoints with US$299 price for new Switch console


Nintendo's new game console Switch is pictured after its presentation ceremony in Tokyo, Japan January 13, 2017. REUTERS/Kim Kyung-Hoon

TOKYO: Nintendo Co Ltd priced its first console in about four years above market expectations, disappointing investors and clouding its prospects of winning back gamers who have shifted from consoles to smartphones. 

The Japanese firm said it will launch the Switch, a hybrid home console and handheld device, on March 3. It will be priced US$299.99 (RM1,339) in the United States, the same as Nintendo's current Wii U console, whereas in Japan, it will cost about 20% over its predecessor at 29,980 yen (RM1,166). 

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