Time for a Wii price cut?A lot of folks have been talking about a potential PS3 price cut to spur sales, but with Wii sales on the way down, the question is will Nintendo need to do some price trimming of its own to keep its system from floundering?
The article goes on to mention that Citi analyst Brent Thill finds this notable "because the Wii is no longer supply constrained, is relatively cheap, and doesn't have to compete with huge games on other consoles, such as Grand Theft Auto 4". One could argue that with its lead, Nintendo can afford to wait until 2010 to cut prices. It also doesn't hurt that in just a few weeks, Nintendo's going to roll out its new Wii Sports Resort and Wii MotionPlus motion sensor addon, which should give the platform a little boost. Yet bloggers continue to take swipes at the Wii, mocking it for having PS2-level graphics, gimmicky controls, a limited selection of good games, as well as accessory requirements that raise the cost of ownership to less affordable levels. And while the Wii's precipitous sales drop may be a reflection of the gaming industry's recessionary blues, it's also probable that the Wii's hype has worn off and it is now harder for the console to stand on its own merit. What do you think? Is the Wii just fine where it is at US$249.99 (the console retails for around S$400 (US$294.50) in Singapore)? Should it cost US$50 less? Or would you never buy it anyway, no matter what it costs? The original story first appeared in CNET.comTags: Sales, gaming industry, console, Nintendo Co. Ltd., game
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