Nintendo may drop the price of its Nintendo Wii game console from $200 to $150 on May 15th, Engadget is reporting. The new price will likely help Nintendo compete better against Microsoft and its Xbox 360 4GB console —which currently retails for $199.99. According to recent figures from NPD Group, Nintendo sold 454,000 Wii consoles during the month of February, far behind Microsoft’s 535,000 Xbox 360 sales figure. Similarly, Nintendo reported weaker hardware sales in its Q3 earnings report, so the move could help it reignite consumer interest.
April 13th, 2011 at 4:52 PM