Nintendo Denies New Switch Model Will Yield Higher Profit Margin

Bloomberg2021-07-19

(Bloomberg) -- Nintendo Co. denied that profit margins on its new Switch model will increase when compared with the current version, which costs $50 less. The Kyoto-based video gaming giant said ...

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Comments

Bull_Horn
2021-07-19
Bull_Horn
Great
FlareSpark
2021-07-19
FlareSpark
I'm waiting
Derrick0359
2021-07-19
Derrick0359
Pls comment
NewbieInvestor888
2021-07-19
NewbieInvestor888
Don't see any new reason to upgrade model
- LeviStrauss:
  ?
PickaChew
2021-07-19
PickaChew
Wow
- RyanQ:
  yes
bernardtayet
2021-07-19
bernardtayet
Only when you can beat rivals to yield higher profits. Can you?
- PickaChew:
  Like pls

Leave a comment

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The stock slid about 2% in Tokyo trading on Monday.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":173708411,"gmtCreate":1626684281933,"gmtModify":1703763293276,"author":{"id":"4089002214432400","authorId":"4089002214432400","name":"Bull_Horn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173708411","repostId":2152367746,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173439382,"gmtCreate":1626677589346,"gmtModify":1703763177546,"author":{"id":"3584955097359320","authorId":"3584955097359320","name":"FlareSpark","avatar":"https://static.tigerbbs.com/38942f5d417a8d645800903b08402b4e","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"I'm waiting&nbsp;","listText":"I'm waiting&nbsp;","text":"I'm waiting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173439382","repostId":2152367746,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173492030,"gmtCreate":1626677099520,"gmtModify":1703763171299,"author":{"id":"3574151642706297","authorId":"3574151642706297","name":"Derrick0359","avatar":"https://static.tigerbbs.com/1e4377b13ebe2fd65f630bf249fd6624","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173492030","repostId":2152367746,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173491831,"gmtCreate":1626676843123,"gmtModify":1703763165893,"author":{"id":"3585525936839517","authorId":"3585525936839517","name":"NewbieInvestor888","avatar":"https://static.tigerbbs.com/f047528e5dbb8277b0f5deaca097bd70","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Don't see any new reason to upgrade model","listText":"Don't see any new reason to upgrade model","text":"Don't see any new reason to upgrade model","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173491831","repostId":2152367746,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5260241,"gmtCreate":1626676915320,"gmtModify":1663231152249,"authorId":3576893887863470,"author":{"id":3576893887863470,"authorId":3576893887863470,"name":"LeviStrauss","avatar":"https://static.tigerbbs.com/3ee679917ab40e40a706e287fc3464da","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173491831,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":173499546,"gmtCreate":1626676771085,"gmtModify":1703763163117,"author":{"id":"3575623648551699","authorId":"3575623648551699","name":"PickaChew","avatar":"https://static.tigerbbs.com/e64125a635ce42e8dfd601284ad29438","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173499546","repostId":2152367746,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5260219,"gmtCreate":1626676786126,"gmtModify":1663231155334,"authorId":3574881932341088,"author":{"id":3574881932341088,"authorId":3574881932341088,"name":"RyanQ","avatar":"https://static.tigerbbs.com/953f715b13847917f8185e7d089273b7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173499546,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":173402387,"gmtCreate":1626676163749,"gmtModify":1703763154923,"author":{"id":"3583377018896117","authorId":"3583377018896117","name":"bernardtayet","avatar":"https://static.tigerbbs.com/43e8c1fc37a4bff2a94af98953cff267","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Only when you can beat rivals to yield higher profits. Can you?&nbsp;","listText":"Only when you can beat rivals to yield higher profits. Can you?&nbsp;","text":"Only when you can beat rivals to yield higher profits. Can you?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173402387","repostId":2152367746,"repostType":4,"repost":{"id":"2152367746","pubTimestamp":1626675905,"share":"https://www.laohu8.com/m/news/2152367746?lang=&edition=full","pubTime":"2021-07-19 14:25","market":"us","language":"en","title":"Nintendo Denies New Switch Model Will Yield Higher Profit Margin","url":"https://stock-news.laohu8.com/highlight/detail?id=2152367746","media":"Bloomberg","summary":"(Bloomberg) -- Nintendo Co. denied that profit margins on its new Switch model will increase when co","content":"<p>(Bloomberg) -- Nintendo Co. denied that profit margins on its new Switch model will increase when compared with the current version, which costs $50 less.</p>\n<p>The Kyoto-based video gaming giant said claims that its profit margin from the new device will increase compared with the original Switch are “incorrect,” according to a statement on its <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> account. The company also added that it has no plans to launch any other model, apart from the <a href=\"https://laohu8.com/S/AONE.U\">one</a> featuring a 7-inch OLED screen scheduled to be released in October.</p>\n<p>Some analysts had previously estimated that upgrades to the new Switch will cost about $10 more per unit to produce, Bloomberg News reported last week. That would mean Nintendo could earn higher profits after pricing the new model at $350, a significant upgrade from the current $300 device.</p>\n<p>Nintendo, which reported record earnings during the pandemic-fueled gaming boom, is counting on the new Switch to sustain its momentum, after rivals Sony Group Corp. and Microsoft Corp. rolled out new consoles last year. But investors have so far taken a negative view of the new hardware and its pricing, with company shares down more than 5% since the announcement earlier this month. The stock slid about 2% in Tokyo trading on Monday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nintendo Denies New Switch Model Will Yield Higher Profit Margin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNintendo Denies New Switch Model Will Yield Higher Profit Margin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 14:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-19/nintendo-denies-new-switch-model-will-yield-higher-profit-margin?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Nintendo Co. denied that profit margins on its new Switch model will increase when compared with the current version, which costs $50 less.\nThe Kyoto-based video gaming giant said ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-19/nintendo-denies-new-switch-model-will-yield-higher-profit-margin?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NGD":"New Gold","SONY":"索尼","NTDOY":"任天堂","TWTR":"Twitter","MSFT":"微软"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-19/nintendo-denies-new-switch-model-will-yield-higher-profit-margin?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152367746","content_text":"(Bloomberg) -- Nintendo Co. denied that profit margins on its new Switch model will increase when compared with the current version, which costs $50 less.\nThe Kyoto-based video gaming giant said claims that its profit margin from the new device will increase compared with the original Switch are “incorrect,” according to a statement on its Twitter account. The company also added that it has no plans to launch any other model, apart from the one featuring a 7-inch OLED screen scheduled to be released in October.\nSome analysts had previously estimated that upgrades to the new Switch will cost about $10 more per unit to produce, Bloomberg News reported last week. That would mean Nintendo could earn higher profits after pricing the new model at $350, a significant upgrade from the current $300 device.\nNintendo, which reported record earnings during the pandemic-fueled gaming boom, is counting on the new Switch to sustain its momentum, after rivals Sony Group Corp. and Microsoft Corp. rolled out new consoles last year. But investors have so far taken a negative view of the new hardware and its pricing, with company shares down more than 5% since the announcement earlier this month. The stock slid about 2% in Tokyo trading on Monday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5260218,"gmtCreate":1626676781270,"gmtModify":1663231155629,"authorId":3575623648551699,"author":{"id":3575623648551699,"authorId":3575623648551699,"name":"PickaChew","avatar":"https://static.tigerbbs.com/e64125a635ce42e8dfd601284ad29438","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173402387,"type":1,"supId":0,"prevId":0,"content":"Like <u>pls</u>","text":"Like <u>pls</u>","html":"Like <u>pls</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":33,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2152367746"}