The future of game consoles is looking bleak
It’s been a real good news / bad news week for Nintendo. Out of nowhere on Wednesday, the company announced a lush remake of Star Fox 64, jolting the dormant franchise to life and helping to fill out a relatively sparse lineup for the Switch 2 for the rest of the year. But then on Friday, Nintendo announced news that had seemed inevitable, but is nonetheless significant: the Switch 2 is getting a price hike and will soon cost $50 more. Nintendo was the last holdout in a console space that has been ravaged by rising costs thanks to a combination of tariffs and the global memory shortage. And with the Switch 2 getting more expensive, console gaming is continuing its slow and steady march toward becoming a niche, luxury good.
Price hikes have become common for gadgets, and consoles are perhaps the most visible example. Historically these...
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