Nintendo has in a statement on Twitter denied the information from a report by Bloomberg who said that the profit margin would be about 10 dollars higher on the new Switch OLED.

Nintendo also said in the same statement that there are no plans to launch another Switch model in the near future: “We also want to clarify that we just announced that Nintendo Switch(OLED Model) will launch in October, 2021, and have no plans for launching any other model at this time.”

It has previously been rumored that a Switch with an OLED screen, more powerful hardware and that will be able to output 4K to external screens using Nvidia’s DLSS technology.