More Wii price cut evidence

[psrock]

Demotruk said:

psrock said:

Nintendo dropping the price of their own console which all first place system have done before, is a terrile idea because?

Because they are conceding that they can't maintain it's value. They'll never be able to charge $250 again, and they'll make a lot less profit both in the short and the long run. The percieved value will also go down, it can never be the phenomenon it once was, and there will always be the belief that you can just wait for the price to come down (which has never been an issue for Wii, less than a year ago it was still selling on e-bay for more than it cost at retail), especially when rumours abound (just look at what that did for PS3 pre price cut).

So what ?