Nintendough raising Wii price a national offence

[johnsobas]

NJ5 said:

Username2324 said:

puffy said:
No faith in the UK economy? Well it's probably past the point where Nintendo wanted to do something about it. Besides Nintendo are a very fiscally conservative company and will want to make its projections for its' share holders.

5 Trillion in profits wasn't enough? They have to make 5.5 trillion?

I mean really, they are making tons of money still, and taking one for the team really wouldnt have been that bad. $80 (US) pure profit on every console since launch, I can only imagine how much it has gone up since then even with the economy, it's a cheap piece of technology.

 

So for you, at what point is it acceptable to raise prices? How much do profits have to drop?

In the business world there's no such thing as "enough" profits, it depends on the company's strategy. If Nintendo isn't happy with their performance in UK and think they can do better by raising prices, they're entitled to do it.

 

obviously they make plenty of profits worldwide, but nintendo's strategy hasn't been to sell their systems at a loss in any country, this isn't anything new.  I don't think it is for any of us to doubt Nintendo about their strategy when they haven't even had a loss since the company has started.  They have built a strategy that allows them to be profitable if their systems sells 20 million or 200 million.  Yet we have people praising Sony even though they have made 1/11 of the profits that Nintendo has made despite overall selling more systems (obviously excluding handhelds).