Train wreck said:
The wii did not get its first price cut until almost 3 years, the 3DS after 6 months. Iwata mentioned that he would price the Wii U accordingly and retold investors the same story during their conference call (e.g no price cut). If he turns back on that, im sure investors will have a problem with Nintendo and trust (or at least their ability to guage their own market). Nintendo's management will never be given the benefit of the doubt again as long as that current management structure stays in place. |
Yes, I don't expect this price cut till later like June or July. People are saying later as in November. If it's November then I see less than 5mil being sold this year instead of 6 million.
We see these types of comments for companies all the time. It would hurt sales saying price cuts are coming. The investors will be calling for a price cut the longer these sales continue.
