With the holiday season right around the corner, this is the time when everyone in the industry talks price cuts. The Xbox 360 has cut its price down, the PS3 has (multiple times, it seems) and everyone is looking at the Wii and wondering if Nintendo too will follow suit. According to company president Satoru Iwata, Nintendo has no plans whatsoever."We're still focusing on how to meet booming demand," Iwata stated, as the company has had several issues with getting its product out onto store shelves and keep it there for consumers to pick up. "We're absolutely not considering a price cut," he adds. And, really, why should they? Nintendo has the most popular console on the market and it's still the cheapest, as well.
Reader Comments (Page 1 of 1)
10-30-2007 @ 1:20PM
hvnlysoldr said...
Wii sells out still. Outsells the competition combined. And just now can stores stock up for the holiday that still will not meet demand. A price drop would be mad when they're selling the same. Next year regardless if they're selling out they might consider it.
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10-30-2007 @ 1:39PM
Kevin said...
Why would they lower the price? They're still the lowest priced next gen system out there.
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10-30-2007 @ 4:05PM
jojonyc said...
why does this issue pop up every couple of days?
in other news:
ball tossed into air, falls to ground
sun rises in east
politician lies
etc.
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10-30-2007 @ 4:58PM
Mr Khan said...
I agree with hvnlysoldr, except i think that they will drop if the 360 gets under $250
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10-30-2007 @ 9:08PM
FX-1 said...
If another system starts to challenge them, prices might drop but even with price cuts on the others, they're the cheapest thing on the market. Does it make ANY sense for them to lower prices now?
Jojonvc, I read that paper too!
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10-30-2007 @ 10:24PM
Elric said...
Actually just this week they cut our cost down $10! he he but that just means now we get to MAKE $10 on selling the console! Wooooo!
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10-31-2007 @ 8:13PM
jerkfacesandwich said...
Even if they were going to cut the price they wouldnt announce it until like the day before they did it. They don't want to lose momentum by telling people about a potential price cut. Its just business sense, you dont say "oh yeh, we're cutting the price in 2 months" a lot of people will hold off buying a product because of that.
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