Satoru Iwata has made himself clear: there will not be a price cut for the Wii U. Here’s the full quote from a recent investor briefing:
…we have taken a rather resolute stance in pricing it below its manufacturing cost, so we are not planning to perform a markdown. I would like to make this point absolutely clear. We are putting our lessons from Nintendo 3DS to good use, as I have already publicly stated.
Of course, Nintendo has said one thing and done another in the past, but a lot of consumer confidence was lost when the 3DS had a price drop, so it’d be a huge failing to have to do it again.
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