Editorial: Iwata Acknowledges Wii Slump - Too Late?

GameStooge reacts to Iwata's acknowledgement that sales of the Wii are starting to flag, and his refusal to cut the price of the machine, despite its manufacturing cost having been halved since launch, and the burgeoning sales of the Xbox 360 and PlayStation 3.

Excerpt: "Iwata better slash the price soon, since at this point in the Wii's lifetime, a $250 price tag seems awfully high. Furthermore, the Wii's has failed to do much with the brand's core fan base, which is necessary for sales of the Wii 2; in history, casual consumers seldom purchase the next generation of a hot toy. It's doubtful that the demographics Nintendo has hit in this generation will be willing to spend another $250+ for a Wii 2, especially when they already own a Wii. One wonders if it's too late for Nintendo to strengthen the core Nintendo consumer base."

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hatchimatchi3571d ago (Edited 3571d ago )

oh boy, this is gonna get ugly

this is old news though

N4g_null3571d ago

How it's only japan? The margin is 10,000... that is ugly? Americans believe in cheap entertainment during times like these yet this does not seem to be the case in japan. They seem to be in save mode.

A price drop would be silly but packaging the motion + with the system would do wonders.

tiberious1513571d ago

I don't know, if PS3 won't cut, I don't think the Wii is going too either. PS3 production expenses have gone down quite a bit as well. Even though it is nice to see everyone get a good deal; from a business standpoint, I just don't see it happening anytime soon. Especially since the console makers seem to be more focused on the longetivity of their products.

JonahFalcon3570d ago

yes, but the Wii isn't targetted at the PS3 audience. The audience the Wii is targetted at is the budget consumer. And $250 is too much for something that's freely available now.