Saturday, June 14, 2025

Creating liberating content

NEW DELHI: Finance minister Nirmala Sitharaman is expected to push

MUMBAI: The rupee ended at 86.08 against the dollar on

Several ‘High-Risk Persons’ Under Lens For Not Complying With I-T

NEW DELHI: The fresh conflict in West Asia can have

Related News

NEW DELHI: Finance minister Nirmala Sitharaman is expected to push tax authorities to ensure the timely refund of income tax, GST, and export-related dues, while flagging the long pendency in

MUMBAI: The rupee ended at 86.08 against the dollar on Wednesday, falling 48 paise from its previous close of 85.60. The local currency touched a low of 86.22 during the

Several ‘High-Risk Persons’ Under Lens For Not Complying With I-T Act ProvisionsNEW DELHI: The Central Board of Direct Taxes (CBDT) has launched an investigation against several “high-risk persons” who were

NEW DELHI: The fresh conflict in West Asia can have a spillover effect on India just when inflation was moderating and businesses were learning to cope with the unpredictability of

Defence stocks rallied on Friday after Israel launched airstrikes across Iran, extending gains for asector that has benefited from a series of conflicts in recent years. At the same time,

Representational AI image MUMBAI: The sensex and Nifty opened sharply lower on Friday over Israel’s strikes in Iran, which in turn put crude oil prices on the boil. However, the

Trending News

NEW DELHI: Finance minister Nirmala Sitharaman is expected to push tax authorities to ensure the timely refund of income tax, GST, and export-related dues, while flagging the long pendency in

Several ‘High-Risk Persons’ Under Lens For Not Complying With I-T Act ProvisionsNEW DELHI: The Central Board of Direct Taxes (CBDT) has launched an investigation against several “high-risk persons” who were

NEW DELHI: The fresh conflict in West Asia can have a spillover effect on India just when inflation was moderating and businesses were learning to cope with the unpredictability of

Representational AI image MUMBAI: The sensex and Nifty opened sharply lower on Friday over Israel’s strikes in Iran, which in turn put crude oil prices on the boil. However, the

The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income through investments in virtual digital assets (VDAs), including high-risk VDA

BENGALURU: The family of late investor Rakesh Jhunjhunwala has fully exited its stake in Nazara Technologies through open market transactions on Friday..According to stock exchange disclosures, Rekha Rakesh Jhunjhunwala, executor

Nintendo delays Switch 2 pre-orders because of Trump tariffs

Word Count: 320 | Estimated Reading Time: 2 minutes


In this photo illustration, the logo of Nintendo Switch 2 is displayed on a smartphone screen on April 3, 2025 in Suqian, Jiangsu Province of China. 

Vcg | Visual China Group | Getty Images

Nintendo said on Friday that pre-orders for the company’s hotly anticipated Switch 2 game console would be delayed following President Donald Trump’s announcement this week of sweeping new tariffs.

“Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9, 2025 in order to assess the potential impact of tariffs and evolving market conditions,” a Nintendo representative told CNBC. “Nintendo will update timing at a later date. The launch date of June 5, 2025 is unchanged.”

The delay marks one of the most significant immediate responses from a major company regarding the concerns about President Trump’s tariffs and their impact on business and consumer spending. Most electronics companies manufacture in Asia, home to some of the steepest hikes. Nintendo’s Switch 1 consoles were made in China and Vietnam, Reuters reported in 2019.

Vietnam was hit with a 46% tariff, and China is now at a 54%. Nintendo hasn’t said where its new consoles will be made.

Nintendo also didn’t say if it would raise the price of the console, which was announced earlier this week to be $450 in the U.S. IPC, a trade group focused on electronics manufacturing, estimated on Friday that game console prices could rise by 50% due to the tariffs announced this week.

Nintendo revealed the new console the same day that Trump unveiled new tariffs.

The Switch 2 is a bigger and faster version of the Switch 1, which sold over 150 million units since its launch in 2017. Nintendo increased the price from the Switch 1’s retail price of $300. It’s powered by a custom Nvidia chip. Gamers will be able to use the Switch 2 as both a handheld console and hook it up to a television. It’s expected to hit store shelves in June, alongside a new Mario Kart game.

WATCH: Nintendo Switch pricing

Expect Nintendo Switch 2 to be priced around $400: MST Financial



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account