April 27, 2008

Nintendo: No Plan for Wii Price Cut

Nintendo: No Plan for Wii Price CutThe Wii retails for about $250 in the U.S. and 25,000 yen in Japan, unchanged since its launch in November 2006. In contrast, Sony has slashed the price of its 20-gigabyte PlayStation 3 twice so far to boost demand. Nintendo does not plan to cut prices of its popular Wii gaming console or DS handheld game system anytime soon, the company's president said Friday. Nintendo will release several new games this spring, including a racing game called the Mario Kart Wii. The Wii Fit exercise game, which has sold well in Japan, will also make its debut soon in the U.S. and Europe.

[Yahoo]

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