Wii production to end in Japan

[foxtail]

pezus said:

foxtail said:

Seece said:

foxtail said:

Well the Playstation also hit the $49 MSRP price range, the Wii could easily sell at that price too but Nintendo probably doesn't think it's worth the sacrifice.

$99/$49, makes no difference, console is way cheap enough that if someone wants one they'll get one.

That's a 50% difference, at $49 it's cheaper than most modern games and would be an instant impulse buy to a lot of people.

Still, it was something like 13 years ago. You have to factor inflation into it.

The price drop was in 2002, the inflation adjusted price would be around $63.50.  So if converted directly, for $3.50 more than MSRP of most new PS3/360 games you could buy a PS1 console.  Though that would be an odd number to sell at and inflation doesn't reflect retail one to one. 

The $49 Playstation price was also a good psychological price point.  It was $0.99 cheaper than the MSRP of new PS2 games ($49.99) and around 4 times cheaper than the PS2 console ($199).  For retailers I would say the modern day equivalent of the $49 PS1 price would be $59.  While this $59 price is low, it still doesn't have the same preceived value as $49.

I also think that the PS1 was the first major console to cut it's MSRP by one sixth of it's launch price, that would equate to a $99 60GB PS3 or a $41.65 Wii.