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No price cut for DS or Wii.

theundertakergonzo | April 25, 2008 | Industry News | Wii DS Company Misc 
Satoru Iwata has said there is no plans to cut prices on the DS or Wii yet. He states that his projected earnings is not based around needing a price cut. It is interesting because they have had to up production and find it hard to meet demand in America.
Satoru Iwata has confirmed that there are no plans to cut the price of either the DS or Wii in the considerable future.

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"Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them," he said at analyst meeting (according to Reuters).

It's hardly surprising, considering that Nintendo has recently had to increase its production and is still finding it hard to meet demand in America.
17 comments | go to source (www.computerandvideogames.com) | send to friend | add alt source
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  • 0 thumbs!
    Zeon I | April 26, 2008
    I don't expect the Wii's Price to be cut for a while. But no price cut for the DS is surprising to hear. I'm kind of dissapointed in Nintendo right now.
  • 1 thumbs!
    iLLmatic | April 26, 2008
    Why would they even think of cutting the price? They've been over charging since day 1, and the thing can't stay on the shelves. Nintendo ain't stupid.
    • 0 thumbs!
      Jesh | April 26, 2008
      Really, they "overcharge"? I'd like to think that $129.99 for the DS is better then $179.99, plus all of the extra's like memory cards. And the Wii is $30 cheaper then the smallest Xbox360 version which I've heard isn't worth it. And the PS3 is above that.
      • 0 thumbs!
        iLLmatic | April 26, 2008
        They charge more for the Wii than it costs to manufacture. Thats what I was referring to. Historically, in this industry, its the other way around.
        • -1 thumbs!
          nflsmc | April 26, 2008
          It's called "making a profit"

          See, Selling for the same that it costs to make it= no $

          Selling for more than it costs to make it= Not going bankrupt

          Plus they're both extremely affordable as it is. I was able to buy a Wii and a DS Lite before I even had a job, just saving up my Birthday money and $10 a week allowance.
        • 0 thumbs!
          TheBradman1andOnly | April 26, 2008
          I still fail to see why Nintendo gets criticised for being a business, thus needing to make a profit to achieve their goals.

          Nintendo has figured that the market is inelastic, meaning that there won't be much reaction to price changes i.e. people will still buy the product even if the price rises.
        • 0 thumbs!
          Final Blade | April 27, 2008
          NFLSMC your post is extremely laughable, and ignorant. Did you know the PS3 when it came out was $800+ dollars to make yet if they were to increase the price they would have gone bankrupt.
          And Them selling it for $600 was still making money on a loss. Your post makes no sense or logic whats so ever. iLLmatic is 100% right.
      • 0 thumbs!
        slumpy monkey | April 26, 2008
        Actually in Europe the 360 is the cheapest now.
    • 0 thumbs!
      Twisted | April 27, 2008
      How are they overcharging? The Wii is the cheapest Next Gen console, and the DS is only $129.99. I agree that the DS was a bit pricey when it came out, at $200, but that was just on release.

      I own both of the consoles, and they're excellent, imo, definitely worth it.
      • 0 thumbs!
        iLLmatic | April 27, 2008
        Did you read my above comment? Why does everyone automatically assume I'm talking about in comparison to the other 2 consoles?
  • 0 thumbs!
    Oceanic Sun | April 26, 2008
    They have no need to change their prices. They make enough money as it is, and I highly doubt that slashing the prices will really make Nintendo any more money that what they are currently making.
    • 0 thumbs!
      Starborn | April 27, 2008
      Nintendo systems make millions of dollars each year, and decreasing the products would most likely just cut their sales. It's not like a small minimal discount will really increase people to actually purchase the systems more =P
  • 0 thumbs!
    Chris7689 | April 26, 2008
    how bout another ps3 prive drop and keep all the features plus backward compadibility...probably too much to ask for? lol. man i wish.
  • 0 thumbs!
    Twisted | April 26, 2008
    If they're still in demand then I can see them not being sold, but if people stopped buying them, and the demand level went down, then they'd probably lower the price.
  • 0 thumbs!
    kik36 | April 26, 2008
    They don't need to worry about cutting prices until they can frickin manufacture these damn things, and stock is overflowing.
  • 0 thumbs!
    Starborn | April 27, 2008
    i don't care about a cut in price. The whole, "cut," won't be much anyways if they did do that, unless they made a drastic cut in the current price. If they did, I'd be mad =P
  • 0 thumbs!
    Rusty Bucket Boy | April 28, 2008
    Madness! Now I'll never get a Wii! Meh, don't want one anyway.

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