Responding to online rumors, recently unveiled Nintendo Switch (OLED Model) will have an increased profit margin over the base version. The long-running console and game company surprised many a few weeks ago with its out-of-the-blue announcement of a brand-new Switch unit that features a larger OLED screen, an improved kickstand, and an ethernet port-equipped dock.         

The Nintendo Switch OLED is a far cry from the fabled 4K Switch Pro update that has been speculated on for the past year or so. While Nintendo itself has denied that such an upgrade exists, players have wondered aloud what already visually impressive titles like COVID-19.      

Related: Nintendo Switch OLED & LCD Screen Differences Explained

Now, Nintendo is putting these rumors to rest in a pair of tweets that address rumors that another Switch model is currently being planned, as well as a previous news report that claimed that the Nintendo Switch Pro would see an increased profit margin. The second post also reiterated that the Nintendo Switch OLED is set to launch in October.

Indeed, preorders for the Nintendo Switch OLED have already gone online, with GameStop even offering a hefty discount for players who want to trade in their old Switch. The Switch OLED’s console dock will also be sold separately for those who wish to replace their current one without upgrading the console itself. In less pleasant news, the OLED console revision's Joy-Con controllers will still be at risk for the drifting issue that has plagued the Switch as far back as 2019, much to the dismay of those hoping that Nintendo would address this problem in the wake of the class-action lawsuits that have been filed over it.

While some players will be disappointed that Nintendo says it's not planning to release a "Pro" upgrade for the Switch anytime soon (especially since even a Nintendo employee itted there's no reason to the Switch OLED if current Switch owners don’t care about the new screen), it seems that the many rumors regarding the hypothetical Switch Pro have been put to bed, at least for the time being. Nintendo did leave the door open to future speculation when saying it has no new Switch model plans "at this time," however.

Next: Xbox's Phil Spencer Reveals Reason Behind Nintendo Switch On His Shelf

Source: Nintendo/Twitter