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S.T.A.G.E. said:

Wii U is going to get trampled when the PS4 launches if they dont drop the price by September. The 360 and PS3 are outselling the Wii U which means Nintendo needs to stop screwing around and cut the price in anticipation for 2014.

it's not hard for ps360 to outsell a console without any major releases. A price cut for wii u can certainly help by itself but is unecessary for competing with ps4/xone because wii u is already $100/$200 cheaper.