Nintendo has been a video game giant since the early 1980s. For about 15 years, big-budget Nintendo games cost $60. In fact, that was the standard game price across the industry. Meanwhile, Nintendo’s consoles are generally cheaper than most competing gaming systems, such as the Xbox and the PlayStation. Its consoles have never cost more than $300…until now.
At $450, the Switch 2 is Nintendo’s priciest console. And Mario Kart World is priced at $80 — the most expensive base game Nintendo has ever released. Some fans are outraged by the price increase. But some industry analysts say that it’s time for games to be more expensive, considering the rising costs of game development and inflation, among other factors.
So, why is Nintendo suddenly so expensive? And what does an $80 game mean for Nintendo and the entire video game industry?
Another Business Management story today with the news that Starbucks founder, Howard Schulz, is standing down as the company CEO, a role he's filled on three occasions.
IN this case, it seems that the Starbuck's boss is going to face scrutiny of the company's working practices, not least its industrial relations and the seemingly antagonistic position that it's adopted in relation to trade unions. It raises one or two questions about corporate ethics...