Nintendo Disputes Switch OLED Profit Report, Denies Having Plans For New Model Darryn Bonthuys In a Bloomberg report last week, analysts claimed that the new $350 OLED model of the Nintendo Switch cost Nintendo only $10 more to produce. Nintendo has now publicly denied those claims and said that the original report was incorrect. "A news report on July 15, 2021(JST) claimed that the profit margin of the Nintendo Switch (OLED Model) would increase compared to the Nintendo Switch," Nintendo tweeted. "To ensure correct understanding among our investors and customers, we want to make clear that the claim is incorrect." A news report on July 15, 2021(JST) claimed that the profit margin of the Nintendo Switch (OLED Model) would increase compared to the Nintendo Switch. To ensure correct understanding among our investors and customers, we want to make clear that the claim is incorrect. (1/2) — 任天堂株式会社（企業広報・IR） (@NintendoCoLtd) July 19, 2021 Nintendo usually refrains from issuing statements in response to rumors and reports. President Shuntaro Furukawa did say recently that there was nothing to announce about a Nintendo Switch Pro, though he noted that Nintendo is always working on new hardware. Continue Reading at GameSpot https://ift.tt/eA8V8J