http://seanmalstrom.wordpress.com/
Sheer business incompetence. This isn’t going to increase Wii sales longterm.
Wii sales were already going back up and steady due to Wii Sports Resort. Now every ‘forum dweller’ and ‘analyst’ are going to say it is going up due to ‘price cut’.
And Wii will always be perceived to be in the ‘Red Ocean’ now.
If a price cut were to come, it should have occurred after the holidays.
Nintendo has really been making some piss poor business mistakes since 2008 (which is why there have been no new articles). First, there was the user generated content ‘direction’ the company decided to embark on. Now, there is the price cut which isn’t going to boost interest in the system.
What is going to happen is people are going to sit back and wait for more price cuts.
A good question for a journalist to ask a Nintendo exec next time is why Nintendo is diverting from the Blue Ocean Strategy. Do they still intend to follow it? Another question to ask is how is this price cut supposed to increase value in a declining core market?
Why doesn’t Nintendo cut the price of the DS? It makes as much sense as cutting the price of the Wii.