A price drop isnt necessary this year. Nothing is going to stop PS4/One from sellong this holiday since thr majority of peoplr buying those consoles at launch a big fans of said console and it makes no sensr for Nintendo to sell at a loss. From Aug thru the end of the year Nintendo has a stong first party line up, along with a new marketing campaign, Wii U will see a good boost. Also we will see plenty of retailer discounts and bundles so that alone cancels out the need for a true price cut. I could see the Basic all the way down to $199 on black friday just to get rid of it and the Deluxe plus an extra game for $299.
Im guessing Wii U will get a price drop in April alongside Mario Kart to start off the fiscal year. That is when PS4/One launch hype will have died down and it will be a good time to strike when the competitors sales start leveling out.
When the herd loses its way, the shepard must kill the bull that leads them astray.