on 23 December 2011
Nintendo made a smart decison to cut price and, although i will agree that they prob. cut it too much, their market share coming into next year will hopefully reap rewards in terms of exclusives from 3rd parties.
Yes, Vita is getting alot of support, but id be quite worried when you're looking down the barrel of a 10 million advantage for install base.
Interesting side note - IPad sales apparently suffering a decline. Economists suggesting its the cheaper competition from Kindle thats to blame.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.