Should Nintendo cut the price of Wii?

[trestres]

justinian said:

trestres said:
For those saying that Nintendo shouldn't worry as the Wii is still selling well, well you are wrong. First of all, Nintendo has made a projection of 26 million Wii's sold by March 2010, and so far the console is about 3.5 million down from last fiscal year when they sold a total of 26 million. The console is still losing sales weekly compared to last year, and there aren't many big games coming soon that could lift HW sales.

Wii Fit+ isn't that kind of HW mover some are expecting, the game is barely a new game at all, it's an expansion to the first Wii Fit, so I honestly don't see how an expansion to an older game will create that huge HW boost some expect. It's the exact same game with added activities.

NSMBWii will be the only game capable of moving big amounts of HW, but it will fall most over it. Considering that the Wii is still selling less than what it did last year on a weekly basis, this will mean that by the time we reach the Holidays NSMBWii will have to be able to make up for those several millions lost during the year. So far 3.5 million down and still losing about 100k - 80k weekly, with no big games coming until October and PS3 getting a pricecut in some weeks.

I still believe they will fall too short of their expectations, even if they cut the price. Demand just isn't as big anymore and now that the other consoles are at a comparable pricetag things will be much more difficult. Some say pricecut didn't work for the 360 against the Wii? It did in fact, since the 360 is at much closer levels to the Wii than it was last year, so I expect the same to happen to the PS3.

And to those saying that SW is what moves HW, where is that SW? Clearly Nintendo has made the same mistake they did last year, when they only relied in old SW and a couple new releases to keep Wii's momentum in the Holidays. When the Holidays were over the Wii dropped like a rock and now it will be very hard for it to rise back up again. So when next quarterly report arrives, I wonder what they will be saying to the shareholders, because 26 million isn't going to happen, or anything close to it.

Some of your statements are so daft I wonder why I am even bothering to reply. Anyway.. 

If you think wii isn't selling well then x360 and PS3 might as well give up. The fact remains that it is almost outselling both HD consoles combined and maintaining that gap.

A game (wii fit) that sold 20 million+ units isn't moving HW? Are you mad? In that case name me a game that has moved HW on any console.

MS overall profits are down, Sony we all know is not going through the best of times. As a Nintendo shareholder I would take that into account and be grateful.

Where did I say Wii wasn't selling well? Where did I say Wii Fit didn't move HW? Learn to read for God's sake.

I'm saying that they should be worried about meeting the forecasts they gave to shareholders at the beginning of this FY and which they maitained after Q1 FY 2010 was over. They expect 26 million, the same as last year, but they are already 3.5 million down in the same timeframe.

About Wii Fit+, I hope you did realize that an expansion called Wii Fit+ is coming this October. If you had learn to read, you would have realized that I don't expect it to move HW AS MUCH or ANYTHING CLOSE to what the original Wii Fit did. It's not like the game is a new game, ITS AN EXPANSION, NOT A NEW GAME. Why on Earth would Wii Fit start moving consoles like it did on launch all of a sudden? Wii Fit was the main cause for Wii's success last year, but because it was a new game. Now Wii is selling less this year even with Wii Fit and WSR out together. If you can explain to me how is Wii Fit+ supposed to raise HW as much as Wii Fit originally did, then I will take everything I said back.

And as a shareholder you will not be that happy if the company you own shares from misses their forecast by 25% or more.