The PS2 at least had slower sales before its price drop...

It didn't drop its price before it stopped being sold out everywhere. 

Nintendo will never drop the price, they like to over price for all their games and crap.

I have a buddy trying to get a Wii. He can't because they're sold out everywhere.

The Wii isn't about to get a price drop. Nintendo can't meet demand -- what would be the point of dropping the price if you can't increase the number of units sold?

Perhaps in mid 2008, if Nintendo can drastically increase production, we'll see a price drop. But unless there is a production increase, I think it's unlikely. Considering how many regular people want or buy the Wii, a price drop will likely have a huge effect on sales.

Sorry Nintendo wants to make a profit GranTurismo.

oh the irony...

Obviously it won't happen soon but it's fun to speculate when it might happen.

I think between May-September next year there's a slight possibility for a drop, especially Europe where it doesn't seem to be doing quite as well. However, as others suggested, bundles and colours will come first, plus Nintendo needs to have a good supply in every territory before I think it will seriously consider dropping the price in any of them. Otherwise it might as well divert those European Wiis to North America or Japan.

The drop, when it comes, will probably be small, like others suggested. $20-$30.

Right. I didn't say any drop was going to be soon. I don't think they'll "meet" demand (I meant "exceed") anytime soon. Actually, that's the only reason I've already bought a Wii. I'd never bought a console at full price before, but given how well it instantly sold, I knew it'd be long before a price drop and wasn't prepared to miss on Zelda/Mario/etc waiting for that to happen.

This I disagree with. It didn't slow down. They met demand, then exceeded it. But sales hadn't really slowed, at least not significantly.

Look at it this way, the Wii started off faster than the PS2, in every region and combined. However, at the projected rate of 16.5m Wii's shipped "per year" (meaning, this year), it'd take more than 7 years to beat the PS2. No, if they want a shot at doing PS2 levels, they have to sell better than they are selling now, not patiently await for a slowdown to stir the market with a price drop.

Whether all it takes is a supply increase, or if fueling demand is also necessary (with a price drop, maybe a redesign instead), it remains to be seen. The DS Lite apparently fueled itself, no price drop needed. But the Wii will have to, and is going to, ship more than 16.5 million units next fiscal year, that much is a given.

I personally expect Nintendo to start by bundling before they do a price drop as a way to promote Wii Fit to the level where third parties will feel comfortable supporting it; to get maximum value out of this the bundle would be Wii + Wii Sports + Wii Fit + Wiimote and Nunchuck (with the possibility of an additional Wiimote and Nunchuck). By doing this for only 6 months Nintendo would ensure that Wii Fit was one of the most purchased add-ons to a console of all time and companies like EA, Capcom and Konami could feel comfortable developing both games that have added functionality for the Wii Fit board or are designed to only work with the Wii Fit Board.

6 months to a year after Nintendo packaged Wii Fit with the Wii they could (probably) comfortably reduce the price of the Wii to $200 without fear of losing money.

I could be wrong, but I expect that a $250 Wii with Wii Sports, Wii Fit and (possibly) 2 Wiimotes and Nunchucks looks like a far better value than a Core XBox 360 at $250-$280 or a Priemium XBox 360 for $300 to $350 (not to mention a $400 to $500 PS3).

Yup. I just see more bundles, rather than a price drop.
Kind of like Sony's strategy in Europe.

I think two years is a reasonable target - probably November 2008. That's because the other consoles will have dropped in price to somewhere around $399 (PS3) and $300 (360), which is in the general ballpark of the Wii's current $250 tab.