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Nintendo makes it clear; no price cut for the Wii

by Robert Nelson on Oct 26, 2007 at 07:32 PM

Nintendo Wii Console

Nintendo has made it clear that we will not see any price cut on the Wii. It has been an off and on rumor for a long time that we could expect a $200 Wii, but Nintendo has finally put it to rest.

“We’re still focusing on how to meet booming demand,” Iwata said Friday. “We’re absolutely not considering a price cut.”

Which should not come as a surprise to many people, the demand is still very strong with most people still having a hard time finding a Wii on a store shelf. We also recently saw that Nintendo has tripled their profits from last year, thanks in part to the strong sales of the Wii.

Read [Yahoo! News]

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