• Nintendo confirms it will cut Wii price to $149 and reduces some games to $19.99

    Trying to revive sales, Nintendo said it will cut the price of its Wii video game console to $149.99 on May 15 and also chopped the prices of some games to $19.99.

    The price cut, which was rumored for more than a month, is aimed at reviving sagging Wii sales and making the system affordable to a new level of mass market consumer that is much more price-sensitive than the typical hardcore gamer. Itís one more sign that the life cycle of the Wii, which is almost five years old, is entering a new stage of maturity. Nintendo has announced it will launch a new console next year.

    The new low-priced Wii will include a black or white Wii, a Wii motion-sensing remote, and a copy of the Mario Kart game with a black or white steering whee. Previously, the Wii cost $199.99 and it wa bundled with Wii Sports and Wii Sports resort. Nintendo will keep selling that bundle until it runs out by the summer. Some retailers are already selling that bundle for $170.

    Although Nintendo has announced a replacement console and it will describe it more at this yearís E3 trade show in June, it would be a mistake to assume the Wii is going downhill. In fact, in the previous console generations, most of the volumes of consoles were sold when the price of the machines slid below $100. Since 2006, the Wii has sold more than 86 million consoles. In the past year, Nintendo said it sold 15 million units, down from 20 million in the prior year. Nintendo expects 13 million Wiis to sell in the current fiscal year that ends March 31, 2012.

    The timing of the price cut is good in one respect. Sony has suffered a disastrous setback with the PlayStation Network, which was hacked. Sony said hackers got access to the personal records of more than 77 million registered users and the hackers may have stolen more than 10 million credit card numbers.
    Reggie Fils-Aime, president of Nintendo of America, said to USA Today that the new console wonít go on sale until the second half of 2012 at the earliest. Nintendo said it will sell four games for $19.99: Wii Sports; The Legend of Zelda: Twilight Princess; Animal Crossing: City Folk; and Mario Super Sluggers. Wii Sports Resort will sell for $39.99 without the Wii remote. Most new Nintendo games sell for $49.99.

    Source: VentureBeat
    Comments 5 Comments
    1. EyeCandy's Avatar
      EyeCandy -
      Make Way for the Wii 2!
    1. mr. nails's Avatar
      mr. nails -
      i haven't bought one of these yet. i've still got my gamecube so i'll go ahead and grab one of these @ $150 to replace my cube. any1 wanna buy a cube?
    1. Funkin''s Avatar
      Funkin' -
      If you're a Nintendo fan then you should be pretty happy with the Wii, mr. nails. There's a lot of shovelware/"family" guys on it, but there's also a lot of great ones too. I would immediately soft mod it so you have access to all Wii games along with homebrew and older systems.
    1. mr. nails's Avatar
      mr. nails -
      yes, imma nintendo fanboy and have been for years. i like nintendo for what they offer, but i could care less about homebrew. needless to say, i prob won't be modding it. could care less really, but i do hear wtf ur saying.

      i do need to grab that zelda game be4 they add the greatest hits cover.
    1. Funkin''s Avatar
      Funkin' -
      I hear ya'. Nintendo is my favorite gaming company, and they always have been.

      And yeah, homebrew isn't all that great. But it is nice to download and try out Wii games before spending your hard earned cash on it(I buy the ones that I want in my physical collection, and the rest I just keep on my hard drive). Plus it's great to be able to play all the SNES, NES, Genesis, T-16, etc, etc, etc...games on the Wii. So in my opinion it's definitely worth soft modding it, and it's easier to do than modding the PSP was.

      If you're talking about Twilight Princess, then yeah, you should definitely get that before it gets a greatest hits cover. I hate those covers. And if you haven't played it, it's a fantastic game and you're in for a treat. Midna is such a great character. I literally cannot wait for Skyword Sword. But the way Nintendo delays Zelda games(which I don't mind really because they always come out just that much better), I wouldn't be surprised if we didn't see until next year.