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Dulfite said:

3ds did, and that was a rarity with Nintendo.

GameCube: launch price lower than the PS2 price in the same time frame and price cut to $99 in its second year.

Nintendo cares about market share & install base like any other company. If they are on top, they can afford to wait with price cuts, but if it is an uphill race they have to stimulate sales one way or the other.