Nintendo Facing Pressure from Shareholders to Raise Switch 2 Price - IGN Daily Fix

Nintendo faces shareholder pressure to raise the Switch 2's price, despite strong sales. The company's stock has dropped since the console's release, trading at $12.26, down from a high of almost $25. The Switch 2 sells for $449, with a Mario Kart bundle at $499. Analysts suggest even a $50-$100 price hike would only lessen the financial burden, not ensure true profitability. Nintendo has increased accessory and game prices, and introduced variable pricing for physical games, but has not yet raised the flagship console's price, unlike Sony and Microsoft. Meanwhile, Grand Theft Auto 6 is estimated to cost Take-Two between $1 billion and $1.5 billion to develop, potentially making it the most expensive video game ever. CEO Strauss Zelnik confirmed it was "expensive," defending the cost by stating the team received "unlimited financial, creative, human resources" to achieve "perfection." Bank of America suggests an $80 retail price at launch. Finally, an Assassin's Creed leaker admitted to using AI to alter a screenshot of the unrevealed multiplayer game, Invictus. Ubisoft called out the misinformation, stating the image was "heavily altered, most probably with AI." The leaker defended his actions, claiming he wanted to "liven up the colors" rather than show the game's "catastrophic state." Ubisoft officially announced an Assassin's Creed Black Flag remake coming this summer.