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Squilliam said:
Well they probably can't afford a price cut, nor would the board and wider shareholders approve. The difference is that Nintendo released a product where they could cut the price a few months after launch and remain profitable, Sony has to pay for the kitchen sink of features they put in.

Well, the 3DS is still making a loss and overall Nintendo arnt profitable right now, they should be soon enough though, I guess with the money they've earnt last gen they can afford 1 year of losses.