Nintendo Denies Reaping More Profit From New Switch Model And Shoots Down Pro Variant Rumour

Nintendo has taken to Twitter to deny allegations of squeezing out more profit from the newly announced Switch model. As you may recall, Bloomberg published a report last Friday suggesting that the Japanese video game giant is marking up the prices of the newly announced variant – earning an estimated US$40 (~RM168) more on each unit sold, where production would only cost the company a mere additional US$10 (~RM42) over the existing model. For your reference, the standard Nintendo Switch retails at US$300 (~RM1,267) while the OLED model is priced at US$350 (~RM1,458).

“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,” the company stated via its official account on Twitter. “To ensure correct understanding among our investors and customers, we want to make clear that the claim is incorrect.”

It is pretty unusual for Nintendo to comment regarding any allegations or even rumours, let alone releasing an official statement intended to assure its investors via social media. Prior to this, the video game giant would often sidestep from commenting or would just provide vague details that neither confirm or deny certain information. Needless to say, this is indeed a rare occasion for the company.

Following the statement, the company also took the opportunity to shoot down rumours suggesting that it is developing or planning to release another variant of the console after releasing the OLED model in October. This is clearly referring to the numerous hearsays of the alleged Nintendo Switch Pro, which has been circulating around for months.

While that may sound disheartening for those looking forward to a beefier and 4K-capable version of the device, keep in mind that this isn’t the first time that the company has denied the development of a new model. In fact, Nintendo previously insisted that it had no plans to introduce a new Switch variant before finally removing the drape off from the recently launched 7-inch OLED model.

Lamborghini To Celebrate Countach’s 50th Anniversary By Unveiling A New Model Soon

It was 50 years ago that Lamborghini took off the drapes from the first prototype of its then-new Countach supercar during the 1971 Geneva auto show. The vehicle would then end up becoming one of the manufacturer’s more iconic releases in the following years, and a car that almost every 80s kid dreamed of owning one day.

To celebrate the Countach’s half-century anniversary, Lamborghini recently announced that it will unveil a new model soon. Specifically, during the ongoing Monterey Car Week event in a couple of more days. It’s also worth pointing that this is the first time the esteemed Italian supercar manufacturer has ever recycled a previously used moniker, as newer generation releases are often christened with newer names that are often inspired by the bullfighting scene (ie: the Diablo, Aventador, and Huracan are actually named after famous Spanish fighting bulls).

The announcement also saw the manufacturer releasing a 20-second long promotional video for the new model and a teaser photo (shown above). The latter being the more interesting of the two, as it showcases the next generation Countach wrapped up under a sheet. This also gave us a brief glimpse of its design, although it is hard to tell whether Lamborghini has done any modern updates to the vehicle.

As usual, the manufacturer is holding back details of the new Countach for its upcoming unveiling. However, Roadshow reports that a recent leak in Instagram revealed the car’s full name to be the Countach LPI 800-4. LPI stands for “Longitudinale Posteriore Ibrido” (or Longitudinal Posterior Hybrid in english), a designation that was previously used by Lamborghini’s 2014 Asterion hybrid concept. This suggests that the new supercar may feature a hybrid powertrain, while the “800” is believed to represent its horsepower output and the “4” indicates that it would feature an all-wheel drive powertrain. As usual, it is best to take this information along with a healthy dose of salt for the time being.

Seeing that the new model is intended to celebrate Countach’s 50th anniversary, it is unlikely for it to be a production replacement for Lamborghini’s Aventador. That being said, it is also believed that the car would be a limited edition release, aimed towards collectors and enthusiasts alike.

Sony Product Registration Documents References New PS5 Model

Earlier in the month we saw reports of the PS5 getting a small hardware redesign. Now, official documents referring to something of that nature have appeared. But these documents note a different change to what we heard before.

Business analyst Roberto Serrano shared on Twitter documents registered by Sony to the Peruvian Audits and Sanctions in Communications site. In the documents, the company mentions a new model name for the PS5, the CFI-1115A. And it will be sporting a new wireless module, the AW-XM501. Overall, this means slightly better WiFi coverage by the console on the 5GHz band, but slightly lower for the 2.4GHz band.

New #PS5 model CFI-1115A spotted in the latest Wireless communication module M20DAL1 registered by Sony Group Corp. at https://t.co/pLg44umht0 on Apr 26, 2021

This suggests a revision of PS5 is coming sooner or later, already registered on May 23, 2021 https://t.co/KVORHFGAb9 pic.twitter.com/KuyshUAba1

— Roberto Serrano' (@geronimo_73) May 27, 2021

Of course, this is an even smaller change than what we first heard. The report from earlier in the month noted a change in CPU in the PS5 instead. This is not it, and the change in WiFi reception is miniscule, so much so that it may not even be noticeable.

So if you’re waiting for the release of a new PS5 model before buying, this isn’t what you’re waiting for. You’ll probably be better off continuing the hunt for one. It’s either that or waiting for more news on the CPU updated model. But if so, you’ll be waiting for a very long time, as previous reports pegged that model to only enter production next year.