Nintendo will raise the price of games for this reason

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Nintendo will raise the price of games for this reason
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Since the arrival of the new generation of consoles in 2020, the video game industry has followed a trend: increasing the price of triple A games, that is, the most prominent ones, for different reasons. AND Nintendo joined that idea.

The Legend of Zelda: Tears of the Kingdom It will be the great launch of the Japanese company for this 2023. However, this title will not arrive for 60 dollars, as had happened with the main releases of the company until then, but its value will increase to 70 dollars.

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This would be the gateway for all the important titles that come to nintendoswitch have this new price standard, following the guidelines that other companies already have, such as PlayStation.

The video game will launch on May 12 for the Nintendo Switch.

The video game will launch on May 12 for the Nintendo Switch.

Thus, Tears of the Kingdomwhich will arrive on May 12, 2023, will have the following official prices in different countries in Latin America, according to eShopthe company’s official store in each location:

– Colombia: $408,900 COP

– Mexico: $1,599 MXN

– Peru: S/ 266.00 PEN

– Chile: $74,990 CLP

– Argentina: $13,459 ARS

These values ​​are important, because they will now be the value with which Nintendo it will release its triple-A games from here on out, taking into account the dollar variance.

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Why did games go up in price?

Right now the studios that made the decision to go from $60 to $70 on their most prominent releases are PlayStation, Ubisoft, Electronic Arts and 2Know add up Nintendo.

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This trend began to occur with the arrival of next-generation consoles such as playstation 5 and Xbox Series X|Sand the main economic reasons and everything that game development implies.

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Companies have expressed that labor costs have increased, as have other issues such as licensing, distribution, marketing and communications. A great responsible for all this is inflation worldwide, the value of production and the economic situation in various countries.

Video game analysts like Mat Piscatella They explain it in a concrete way: “59.99 dollars in 2005 is equivalent to about 79 dollars today, so it is the moment in which a price increase is not unreasonable”, public on his Twitter when this upward trend began.

A situation that has not only applied to the video game industry, but most sectors have had to raise their values ​​to keep their business profitable due to the different economic factors that the world has faced in the last three years.

Now the triple A games on the console will cost $70.

Now the triple A games on the console will cost $70.

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Nintendo Switch, the third best-selling console in history

After spreading his financial report of the last quarter of the year 2022, a document that determines the state of sales and other economic indicators of the company, the Nintendo Switch console would have become one of the best-selling consoles in history according to estimates made based on the data officers.

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The Japanese company indicated in the nine-page financial document published on its official website that the console nintendoswitch sold a total of 122.55 million units worldwide.

This increase not only represents an improvement in the profits of the company, but it turns this console from video game the third most sold in history, surpassing the figures of the Playstation 4 (117.2 million units), in addition to the game boy and its variant Game Boy Color also from the same company, which sold a total of 118.69 million units. Now he has to overcome the Playstation 2 and the Nintendo DS.