No Price Cut for the Wii
No Price Drop in Sight?I'm a cheap guy, I like to save money, and I like free stuff. Who doesn't? So when the Xbox 360 cut their prices right after I bought my Xbox I was pretty pissed. Playstation 3 also cut their prices. It pretty much a pattern in the video gaming industry to cut prices on their consoles after a few months or years to boost sales, but it seems that this notion does not apply to the Nintendo Wii.
With the Wii still widely popular and Nintendo still struggling to meet the demands of the populace it seems that there will not be any price cut in the near future. The 360 Premium console has been slashed by a hundred dollars. The Playstation 3 base model has also been slashed by $100. So why is Nintendo being so pretentious? Nintendo's President, Satoru Iwata, gives some insight,
"This is my personal thinking, but when the model's price-tag drops over time, manufacturers are telling consumers it's better to wait, and I've always thought that was a mistake," Iwata said. This seems to be an opinion one has the luxury of holding when their console is entering its third holiday season, and they still can't meet demand”
How disappointing from a consumer stand point, but from a business stand point, this decision is pretty savvy.
Bottom Line: As the holiday seasons approach, don't look for a price cut on the Wii, that is if you can find one.
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