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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 .

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Rrobba2066d ago

To be expected. Wii sales are slowing down, but they are still high enough to be able to continue without a price cut.

moogle842066d ago

But Nintendo is really raking in the dough now. Especially if it really wants its Nintendo 3DS to be around the $300 range.

NYC_Gamer2066d ago

there is no need to cut the price

SkyCrawler2066d ago

cut it down, might as well give it away for free.

SpoonyRedMage2066d 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.

Rrobba2066d ago (Edited 2066d 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).

ChickeyCantor2066d 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.

Mahr2066d 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.

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