Nintendo president Satoru Iwata today discussed with shareholders his decision to suddenly slash the price of 3DS. A price cut for a system so soon after it’s launch is obviously troubling news to investors, so much so that Iwata himself has taken a pay cut. When asked why Nintendo decided to drop the price of the 3DS system so soon after launch, Iwata stated, “For us to maximize the effect...
Who would have know that things could change this swiftly for the house that Mario built? Perhaps because of poor sales and the impending arrival of the Playstation Vita, effective August 12th the new MSRP for a shinny new 3DS will be $169.99. Aren’t you glad that you’re an early adopter? For the previous quarter, Nintendo has reported revenue of 93.93b Yen ($1.1b) with losses of...
– Within the past week, major retailers such as Amazon, Target, GameStop, and Wal-Mart quietly dropped the price of the latest Wii bundle (which includes Wii Sports, Wii Sports Resort, a MotionPlus remote, and Nunchuk) from $199.99 to $169.99. If you’re reading this site yet somehow still don’t own a Wii, it looks like there couldn’t be a better time to finally get your han...
Is Nintendo dropping the price of the DSi to maximize holiday sales, or are they preparing their product lines for a $189 3DS? Time will tell, but for now here’s the official press release for your perusal: