Justin
Posts: 914 +1
<p>Since release, the Wii has been the most price-competitive modern console available. Its success has largely been attributed to price, especially in the first year, when the Xbox 360 and PlayStation 3 were far more expensive. Now in late 2009, the picture has changed.</p>
<p>The PS3 has finally fallen below the $300 mark and Microsoft has <a href="https://www.techspot.com/news/35986-microsoft-cuts-price-of-xbox-360-elite-kills-pro.html" target="_blank">managed to dip below</a> Nintendo in terms of pricing on the 360 Arcade. Clearly, one of the biggest advantages Nintendo had is drying up -- a major concern, especially as the next holiday season approaches. While nothing is official yet, there are rumors that a price drop <a href="https://kotaku.com/5357766/wii-price-drop-looks-to-hit-first-week-of-october" target="_blank">may be due</a> before the end of the year.</p>
<p>Nintendo's official stance is that no price drop is planned, but several factors have to be considered. For starters, falling sales combined with a renewed marketing vigor from Sony has put pressure on Nintendo. The Wii's substantial lead may drop rapidly in the coming months, and a price cut would potentially negate this by stimulating more sales.</p>
<p>Naturally, Nintendo is refusing to comment on rumors. It is highly unlikely they will be surpassed in sales anytime soon, so they can still enjoy their lead -- but for how long?</p><p><a rel='canonical' href='https://www.techspot.com/news/36295-is-a-wii-price-drop-in-the-works.html' target='_blank'>Permalink to story.</a></p><p class='permalink'><a rel='canonical' href='https://www.techspot.com/news/36295-is-a-wii-price-drop-in-the-works.html'>https://www.techspot.com/news/36295-is-a-wii-price-drop-in-the-works.html</a></p>