Nintendo rules out price cuts for Wii, DS

Nintendo President Satoru Iwata admitted that the Wii console is struggling a bit in Japan, but said the company has no plans to drop the price in response. "The Wii is in the most unhealthy condition since it hit the Japanese market," he said. "The current condition in the Japanese market is not the one we want. A price cut in a difficult economy cannot really excite the market and drive up sales." ... [ read the full article ]