I'm talking about the Wii here. I know a lot of people say they should not drop the price because they are still selling like crazy. I'll actually post a different view on this situation. Please comment arguing on my view of this situation.
MY VIEW:
The Wii is surfing on the blue ocean and capturing a new market of gamers that do not care for the games that are on the ps3 or the xbox360. Since they don't care for such games, they will not buy such games when they come to the wii. My complaint is not that they buy the console, they actually should.
My complaint about the price of the console is for the gamers that care for the games that are on the 360 and the ps3. The gaming industry is very reliant on these games and the three consoles have a good library of them. Now, when such a gamer looks at the three consoles, each has a nice library of games... so why not choose the cheapest one? In this case, the xbox360. If this happens very often, the wii userbase will be more heavily represented by the purely casual crowd. Note that this will not be noticed by the sale of Wii consoles, as the gamers that don't care for games in the 360 and ps3 will still be eating it up.
How is this a problem for nintendo? Well, they still care about the non-purely casual gamer (at least they say they do). If they are not well represented on the Wii, then third-parties will not see their games sell as well as with the other consoles and there will be less of an investment in such games for the wii.
This pricing can be good for them now for profit, but it can actually bite them in the ass later on in the road and they should think about the future and not just on the now. What do you guys think?