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OneTime said:
TomaTito said:

Because Nintendo wants to keep their titles at a certain perceived value.

This.  Plus the fact that if the price doesn't drop, you aren't being screwed over by buying on release day.  The number of times I've seen the phrase "I'll wait for the price to drop" on this site.  If you want to sell your game at $10 then sell it to everyone for $10....

As a consumer, buying things cheap is awesome though.
Who doesnt love a good sale? Most people dont trade in / sell of their games anyways.
So the "it keeps its price" doesnt effect most people.

What does? buying good qualty games for cheap.
Its part of what makes owning a PS4 so nice.