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No price cuts on DS or Wii in foreseeable future, says Nintendo
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The following comments relate to this news article:
article published on 25 April, 2008
Nintendo president Satoru Iwata has revealed that the company is not likely to cut the price of its ever popular Wii and DS gaming systems in the foreseeable future.
"Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them," said Iwata.
Despite supply shortages on huge demand for both systems, Nintendo revealed its fourth ... [ read the full article ]
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khmernize
Junior Member
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25. April 2008 @ 21:13 |
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It makes a lot of sense to not cut prices. They are selling their product with no sign of slowing down and they came out over a year ago.
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AfterDawn Addict
4 product reviews
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26. April 2008 @ 04:17 |
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with the millions/billions the WII made, drop it 80$ already........
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Member
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26. April 2008 @ 04:22 |
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Why the hell would you do a price cut? You're making more money if you don't and you know you're still selling a lot. I didn't know DS's were out of stock either...
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Tecbot
Junior Member
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26. April 2008 @ 12:56 |
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seen a whole bunch of wiis and dss at wal-mart where I live like 10 minutes ago...2 people bought wiis thoughs doubt sales are going slow down to fast doesnt really need a price cut imo yet.
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Staff Member
4 product reviews
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26. April 2008 @ 15:50 |
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Originally posted by Tecbot:
seen a whole bunch of wiis and dss at wal-mart where I live like 10 minutes ago...2 people bought wiis thoughs doubt sales are going slow down to fast doesnt really need a price cut imo yet.
Wow man, I cant find either anywhere (NYC)...from my personal experience they are always sold out. I feel like employees must hold them and resell haha
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emugamer
Suspended due to non-functional email address
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28. April 2008 @ 12:38 |
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Quote:
Originally posted by Tecbot:
seen a whole bunch of wiis and dss at wal-mart where I live like 10 minutes ago...2 people bought wiis thoughs doubt sales are going slow down to fast doesnt really need a price cut imo yet.
Wow man, I cant find either anywhere (NYC)...from my personal experience they are always sold out. I feel like employees must hold them and resell haha
Good theory. If I worked in retail, I would use my employee discount to buy 20 of the first shipment. Then sell them at a $50 markup on ebay.
Nintendo is raking it in hand over fist. If the PS3 came down to $250, they might have to come down, but that will never happen. If it did, the PS3 wouldn't be worth buying, as it will come with 1 USB 1.0 port, a 10GB IDE HDD (those old XBOX HDD's can finally be put to use), no HDMI, and a half controller (yes, they will give you half a controller and you would have to order the other half from a third party with instructions on assembly).
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wetsparks
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2. May 2008 @ 17:16 |
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The Wii sells out within hours of arrival and the only reason you can see DS's in stock is because they are easier to manufacture. Either way they both are selling like crazy and Nintendo is making money on each sale. If you have a hard time keeping up with demand at this price point, it makes no sense to lower the price and increase the demand. Add in the fact that the sales of Wii games are picking up with a bigger user base and the 70 million user base of the DS is having software sales that rival what a console usually does (which is a huge deal since portables don't usually sell near software that consoles do) and Nintendo would be stupid to make any alterations to the price of there products.
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AfterDawn Addict
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2. May 2008 @ 17:34 |
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Originally posted by wetsparks:
The Wii sells out within hours of arrival and the only reason you can see DS's in stock is because they are easier to manufacture. Either way they both are selling like crazy and Nintendo is making money on each sale. If you have a hard time keeping up with demand at this price point, it makes no sense to lower the price and increase the demand. Add in the fact that the sales of Wii games are picking up with a bigger user base and the 70 million user base of the DS is having software sales that rival what a console usually does (which is a huge deal since portables don't usually sell near software that consoles do) and Nintendo would be stupid to make any alterations to the price of there products.
why? the DS would gain more software sales if they lowered the price a bit, whack another 50$ off it and dominate the market.
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wetsparks
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3. May 2008 @ 01:06 |
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why would they want to lower the price by so much, if at all? they already sell a boat load of software (and the DS has the cheapest software at a starting point usually of $30) and the hardware is flying off the shelves. You can only sell as many as you can produce anyways and if the consumer says $130 is the right price (and they have by buying so many of them) and you are just keeping up with demand, it would be stupid to cut the price of your product and cut deeply into your profits.
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AfterDawn Addict
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3. May 2008 @ 12:12 |
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Originally posted by wetsparks:
why would they want to lower the price by so much, if at all? they already sell a boat load of software (and the DS has the cheapest software at a starting point usually of $30) and the hardware is flying off the shelves. You can only sell as many as you can produce anyways and if the consumer says $130 is the right price (and they have by buying so many of them) and you are just keeping up with demand, it would be stupid to cut the price of your product and cut deeply into your profits.
ah I forgot the last drop set it to 99 and leave it, it wont hurt them a bit and would help them sell more units increasing their market.
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