Due to strong demand and sales, Iwata reports that there are no plans for price cuts this fiscal year.
Nintendo president, Satoru Iwata reported in an interview with Reuters that Nintendo currently has no plans to decrease the price of either the Wii or the DS this year.
The already computed earnings projections for the year were not calculated with any price cuts in mind, according to Iwata. Strong sales of both consoles along with strong consumer demand leads Nintendo to believe that price cuts for either system are unnecessary.
Analysts are predicting that Nintendo’s posted earnings projections for the year are actually on the conservative side and earnings will surpass the numbers projected by Nintendo.