$450 system isn’t being sold at a loss, wasn’t priced with tariffs in mind.
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The thing about growing anti-piracy disdain - Nintendo doesn’t care about it because pirates don’t buy their stuff. Nintendo sells stuff for children so they are not that interested in building brand awareness by being lenient on anti-piracy enforcement. By the time their customers have money they are playing Call of Duty and Nintendo ain’t about that. Just a different strategy compared to Microsoft or Sony.

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Nintendo sells stuff for children of all ages, and I would bet that a significant customer base is adults who want to continue their childhood hobby. Not enough to make a console unprofitable, but surely enough to make a dent. And I have to say as an adult Nintendo kid who is an unabashed pirate, I actually still own a significant amount of switch games. Pirates don’t pay for everything, but not every pirate pays for nothing.

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If Nintendo started to cater to that niche demographic they wouldn’t be able to balance that with being effectively a toy company. If Nintendo wouldn’t be the kind of assholes they are sometimes, they wouldn’t make games worth playing too. What they’re doing confuses people because they’re the only ones to do that. I think that’s worth preserving regardless and other people must think that too, otherwise they wouldn’t be so angry about Nintendo approach to roms and stuff - they want to play it even after so much time passed.

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I don’t think it’s a niche market, personally. But of course I could be wrong, it would be neat to do a study. I assume Nintendo adults like us with kids makes up a noticeable number of sales. Sure, there’s probably a larger market in New kids in general, but I wouldn’t discount this demographic completely.

But I agree wholeheartedly with you that Nintendo’s stance towards its customers is abrasive at best.

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