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The Nintendo Chairman told investors today that "we have not planned" to announce a new Nintendo Switch configuration at E3 2019, implying that the company is sticking to the current switch . Earlier reports suggest that a new console model is coming this year.
According to Bloomberg, Shuntaro Furukawa told the press that the company "is still working on new equipment and we will announce it as soon as we are able to sell it". "
Furukawa did not address the information that a price cut was planned for the switch in June. Bloomberg said Tuesday that the company was "likely" to release a cheaper version of the console, which was launched at $ 299.99 in March 2017 and is holding the price since.
Bloomberg noted that Nintendo's share price on Tokyo stock exchanges had suffered as disappointed bettors were leaving the stock market. In the United States, it was down about 4% an hour after the morning bell. Nintendo also released earnings forecasts and Switch sales forecasts lower than analysts' estimates, which cooled the mood for a stock that had risen about 33% before the news.
Furukawa's remarks about a new configuration describe in an October Wall Street Journal report that Nintendo planned to display a better screen on the pocket screen. In March, the Journal also announced that a less expensive hardware solution was needed.
Furukawa also confirmed information that the company is working with Tencent Holdings to sell the switch in China, but added that there is still no timetable for a launch.
"Our current applications only concern hardware, but we will also need to inspect our software," Furukawa said. "We will need many more applications for the government and others, so from this point of view, the launch period is still unknown."
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