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Has anyone considered price?

The Wii U launched for 300 euros (basic), which is nearly US$400. When the Wii launched, it was priced at 250 euros, which was US$330. Combining this with the economic issues over there, and it's not hard to see why people aren't buying it in droves.

For the purposes of comparison, consider that the Wii launched in Australia for AU$400, but the Wii U launched in Australia for AU$350 (basic). Still a bit of a ripoff, since the Australian dollar is worth more than the US dollar right now and we only have a 10% sales tax (so AU$330 might be considered reasonable), but nevertheless, the price has been adapted.