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Submitted by Rrobba 1632d ago | article

Iwata: No Price Cut for Wii Anytime Soon

Nintendo CEO Satoru Iwata, during a investors briefing today, said that there are no plans for a Wii price cut anytime soon . (Industry, Nintendo, Wii)

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Rrobba  +   1632d ago
To be expected. Wii sales are slowing down, but they are still high enough to be able to continue without a price cut.
eagle21  +   1632d ago
Exactly. :)
moogle84  +   1632d ago
True
But Nintendo is really raking in the dough now. Especially if it really wants its Nintendo 3DS to be around the $300 range.
NYC_Gamer  +   1632d ago
there is no need to cut the price
SkyCrawler  +   1632d ago
If they do
cut it down, might as well give it away for free.
SpoonyRedMage  +   1632d ago
Getting weekly sales isn't going to change the support the system gets so it makes sense now to just maximise profits and keep the platform coming smoothly into a nice landing for the Wii 2.
Rrobba  +   1632d ago
@ SpoonyRedMage

I don't think they should release a Wii 2 yet due to the Wii still selling and doing well, however if they do release a Wii 2 then they should launch it and support it side-by-side the Wii (in other words, still make Wii's, and still make games for it, don't abandon it).
#5 (Edited 1632d ago ) | Agree(2) | Disagree(0) | Report | Reply
ChickeyCantor  +   1632d ago
Actually if they release a Wii2 now that supports Wii games, it can still sell lots of Wii's at a lower price while slowly getting the Wii-2 into the market.

Risky but it can work though.
Mahr  +   1632d ago
"I don't think they should release a Wii 2 yet due to the Wii still selling and doing well"

I would just like to point out here that the DS was/is by all accounts doing better than well, but it is still getting a hardware refresh because it is generally better to capitalize on the enthusiasm for one's product while it is still high.

The problem of course is that coming out with a new system is *hard*, and if they're already launching the 3DS, then replacing the Wii in the near-future would be an incredibly risky move for a company that always has been rather risk-averse.
seinfan  +   1632d ago
I wouldn't get a Wii even if it was free.
scar20  +   1632d ago
Then why you even in this article man people these days.

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TANUKI  +   1632d ago
That's harsh...seinfan.
ChickeyCantor  +   1632d ago
Thats like saying, "I dont want Aids even if its free".
If you don't want it, then what are you doing here?
Fishy Fingers  +   1632d ago
December it is then.
kaos_fish II  +   1632d ago
Nintendo might not want to cut the price on the Wii - but the large chains will for the coming holiday season.

On Black Friday I wouldn't be surprised if we see Wii's going for $99 and the large chains dropping the Wii to $129 for the rest of the holiday shopping season.
Titanz  +   1632d ago
They'll probably increase the value...
By adding 2Wii-motes(With Motionplus built-in the controller),2Nunchuks and 2 games in each bundle.

But they might drop the price anyway, because Iwata said that before and they still dropped the price.
jneul  +   1632d ago
ninty are losing money as it is now, they need any profit coming in from wii/ds to help them out with 3ds
Bass_fisherman  +   1632d ago
But its planned to be cut and as long it doesnt im not getting it, simple. Its singleplayer games can always wait.
#11 (Edited 1632d ago ) | Agree(0) | Disagree(2) | Report | Reply
kagon01  +   1632d ago
When the PS3 lowers the price to 250$, otherwise it won't happen anytime soon...

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