With the phenomenal sales of both the Nintendo DS and Wii, I’ve really wondered why people keep asking about a price drop. I know that we all hope for one, but it just doesn’t seem logical. Okay, so the DS lite has been out for a while, and could probably use a bit of a price cut, however, we can’t even keep the Wii on store shelves around, here, so what motivation would Nintendo have to lower the price? Well in case you were wondering, Nintendo has officially stated their stance on price cuts for both systems.
Nintendo President Satoru Iwata recently announced at an analyst meeting that they had no intentions of dropping the price on either console. Specifically, he stated “our earnings projection for the year is not based on hardware price cuts, and I don’t think we are going to need them.”
I really wonder what would happen if they were to cut the price of the Wii. They would probably be just as hard to find, and would still sell for $300 to $350 on places like eBay and Craigslist. The only people that would really save would be the people that are just trying to make a profit.