Gamernode: News - Nintendo is not planning a Wii price cut

Nintendo is not planning a Wii price cut

Fresh from hot Q2 financial earnings, Nintendo revealed that there wouldn't be a price cut for the Wii, detailed an upcoming new feature for the Wii and that the company has plans to launch Wii in China next year.

Even with the extra earnings from Wii's recent dynamite sales streak, Nintendo continues to struggle to meet demands and ultimately ruled out a price cut.

Satoru Iwata, Nintendo President, mentioned that Nintendo have been producing 1.8 million Wii consoles per month but still predicts that there will be Wii shortages once the holidays come.

Iwata said in a brief statement, "We're still focusing on how to meet booming demand. We're absolutely not considering a price cut." He revealed a new feature for the Wii too; a gift-giving feature that'll allow friends to send each other games over the Wii network.

In regards to the new gift-giving feature, Iwata said, "We think this will be a breakthrough in encouraging customers to spread news of fun games word of mouth. We also hope to spur more users to connect their Wiis to the Internet."

Lastly, the Nintendo President said that the company would begin selling Wiis in China next year. Nintendo still needs to work with Chinese game developers to bring games over to that market. Iwata didn't give a sales target due to the current Wii shortages.

"We barely have enough Wiis to meet global demand this year. But next year, we can bring the Wii to China."

[Via AP]

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