Wednesday, September 23, 2009

Nintendo Wii Can Cut the Price for $ 50 - $ 200?

Nintendo Co Ltd can cut the price of its video game console Wii by $ 50 to about $ 200, starting this weekend, according to several technology blogs.

A Nintendo spokesman was not immediately available to comment on the reports, which appeared on Kotaku and blogs including Engadget. The blog said the new price takes effect purchase of the principle on 27 September in the best and elsewhere.

Nintendo, the manufacturer's current top video game consoles, would be the last among its peers to cut prices.

Last month, Microsoft Corp. slashed $ 100 the price of its high-end console Xbox 360 and Sony Corp cut its PlayStation 3 for $ 100. Prices for both start at around $ 300 now, but Microsoft also sells a base model, the Xbox arcade, for about $ 200.

The PS3 sales jumped after the price cuts in August, Sony Computer Entertainment of America executive Jack Tretton told Reuters in an interview Wednesday.

Soon after Microsoft cut the price on 27 August, a Nintendo spokesman said the company had no plan to cut.

Sales of video game industry have fallen over the past six months, and hardware sales in August declined by 25 percent, according to research group NPD.

Analysts have pegged the drop to cautious spending by consumers in the tough economic environment, and a dearth of top-selling game. It is hoped that the expected price cuts for a long time near the console and the new games, including updates to ""Halo," "Guitar Hero" and Call of Duty" rise up sales in coming months.


  © Copyright@2009

Back to TOP