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trestres said:
This is tragic for Nintendo, it probably means no price drops for a long time and that they will have to answer formally to all investors worldwide in their next quarterly report.

There's more chances now for MS and Sony to deliver a console within the range of 400$ or less if they are willing to take a loss.

This just doesn't make sense. Reggie has been caught lying before on his Wii U promo tour. So let's not take what he says too seriously.