Nintendo $50 price reduction

[allthehoneys]

Erik Aston said:

|_emmiwinks said:

edit: Plus the Nintendo saying they wont lower prices because it hurts early adopters is a horrible slap to anyones face. What if every electronics you bought was like that? I would have paid 1,200 dollars for my 22" monito. Parts get cheaper, methods for building get streamlined, All that is, is Nintendo ripping off late adopters. Its insulting. too bad no one here really wants to see that.

First of all, Wii has older tech which will not drop in price nearly as much over time. Combine that will a free-falling dollar, and keeping the price at $250 may actually slowly eat into their profit margin.

And second, how does anybody get ripped off if everyone pays the exact same price? You aren't somehow entitled to pay less because you wait to buy.

But the most important point is that the price of goods is not solely based on the cost of production. Wii obviously holds value to people beyond its physical components, and that more than anything should determine the price.

Couldn't have said it better myself.