The Switch 2 is unlikely to be priced any lower than $349, the current cost of an OLED Switch model. $399 seems like a safe bet — the same price as the base Steam Deck. Any more than this and Nintendo will face uncomfortable comparisons to the new wave of PC handhelds.

The Japanese company’s much-anticipated successor to its Switch console disappointed investors with a lack of specifics and a design that feels more like an update than a reinvention.