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Stockreport

Nintendo Switch 2 and Sony PS5 likely to get price hikes due to tariffs [Fortune]

Microsoft Corporation (MSFT)  More Company Research Source: Fortune
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
American consumers would pay as as much as 30% more for a Switch 2 or PlayStation 5 under the base-case scenario, which would imply pricing close to $590 for the soon-to-be-released Nintendo flagship machine or Sony's PS5 Astro Bot bundle. Both devices are assembled in China, which is now subject to a 125% duty for shipments to the US, although Nintendo also has an expanding production footprint in Vietnam, which has a 90-day reprieve from elevated tariffs. Console makers are the most vulnerable players in the video game industry, said BI analyst Nathan Naidu, due to their hardware businesses and need to ship physical goods. The US accounts for 29% of revenue for Tokyo-based Sony and 37% of sales for Kyoto-based Nintendo, he said. The market is indispensable for both companies: US consumers drive global trends, and word-of-mouth recommendations boost entertainment product demand. A 30% price hike in Nintendo's Switch 2 is contingent on an 80% to 90% tariff imposed on its US impor [Read more]
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Stockreport

Nintendo Switch 2 and Sony PS5 likely to get price hikes due to tariffs [Fortune]

Microsoft Corporation  (MSFT) 
More Company Research Source: Fortune
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
American consumers would pay as as much as 30% more for a Switch 2 or PlayStation 5 under the base-case scenario, which would imply pricing close to $590 for the soon-to-be-released Nintendo flagship machine or Sony's PS5 Astro Bot bundle. Both devices are assembled in China, which is now subject to a 125% duty for shipments to the US, although Nintendo also has an expanding production footprint in Vietnam, which has a 90-day reprieve from elevated tariffs. Console makers are the most vulnerable players in the video game industry, said BI analyst Nathan Naidu, due to their hardware businesses and need to ship physical goods. The US accounts for 29% of revenue for Tokyo-based Sony and 37% of sales for Kyoto-based Nintendo, he said. The market is indispensable for both companies: US consumers drive global trends, and word-of-mouth recommendations boost entertainment product demand. A 30% price hike in Nintendo's Switch 2 is contingent on an 80% to 90% tariff imposed on its US impor [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS