Nintendo wouldn't say what the "market conditions" were, but likely reference President Trump's tariffs, which are increasing costs for U.S. consumers.

Pricing for the original Nintendo Switch family of systems and products will change in the United States based on market conditions, effective August 3, 2025. These include Nintendo Switch – OLED Model, Nintendo Switch, Nintendo Switch Lite and select Nintendo Switch accessories.

Nintendo is set to raise prices on several Switch models and accessories in the U.S., following new tariffs and months after launching the Switch 2 console.