Thursday, July 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Researchers Showcase Javascript-based Attack On a Computer's DRAM
Hackers Used Twitter hashtags To Extract Data From Compromised Networks
Facebook Unveils New Security Checkup Tool
Court of Appeals Rejects Google's Move To Overturn Microsoft's Patent Royalty Victory
Toshiba Expands Lineup of Phase Detection Auto-Focus-equipped CMOS Image Sensors for Smartphones
Sony Profit Rises Following Demand For Mobile Cameras
Facebook Profit Fell In 2Q
Galaxy S6 Sales Not Enough To Keep Samsung's Profit High
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Optical Storage > Nintend...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 03, 2003
Nintendo cuts GameCube price in European market


Nintendo slashed prices in Europe for its GameCube video game console by up to 50 percent, to revive slumping sales of the market-trailing device. From October 10, GameCube will carry a suggested retail price of $132.10 in Britain and $115.80 in continental Europe, the Japanese video game maker said in a statement.

The move follows price reductions in the United States last week and a 29 percent price cut for Japan earlier Friday.

Analysts said video game publishers and retailers had been piling pressure on Nintendo to lower prices as demand remained weak and inventory backed up in the approach to the crucial Christmas season.

GameCube trails market leader Sony PlayStation 2 by a wide margin and is losing ground to Microsoft's Xbox, analysts said.

According to market research firm ScreenDigest, Nintendo had an installed base of 1.6 million units compared to Xbox's 2.3 million in Europe, the Middle East, Africa and Australia.

Sony recently announced PlayStation 2 had a total installed base of 15.6 million for the same region.

Launched across Europe in May, 2002, GameCube has failed to maintain its early sales levels. According to ScreenDigest, Nintendo sold 550,000 units in May and June of 2002, but just 357,000 in the first six months of 2003.

"The problem in this business is you get into a self-fulfilling cycle. When hardware sales start to underperform, games sales start to underperform and game publishers start to withdraw support," said Ben Keen, executive director at ScreenDigest.

Last week, Nintendo cut GameCube price in the U.S. to $99. It dropped the price in Japan to $126.30.

Earlier this week, Sony cut the PlayStation 2 price tag in the UK to 139 pounds from 159 pounds.

David Gosen, managing director for sales and marketing at Nintendo Europe, told Reuters Friday the company had budgeted to spend 15 million euros to advertise the console across Europe this Christmas.

Nintendo Thursday said it sold 61,000 GameCubes in the United States -- four times the weekly average -- since the September 24 cut to $99.


Previous
Next
Lite-On IT posts September revenues        All News        Lite-On IT posts September revenues
Lite-On IT posts September revenues     Optical Storage News      Lite-On IT posts September revenues

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Amiibo Figurine Sales Help Nintendo's First-quarter Profitability
Nintendo CEO's Iwata Dies At 55
Nintendo Wants To Surpise With New NX Console
Nintendo NX Could Be More Than A Video Game Console
Nintendo Presents New Franchises
Nintendo's new NX Game Console Will Not Have Android Inside (Updated)
Nintendo Joins The Humble Bundle
Nintendo World Championships Returns At E3 2015
Nintendo Games Coming To Smartphones Next Year
Nintendo Expects To Return To Profitability
Nintendo To Bring Games To Smart Devices
Nintendo Cuts Operating Profit Forecast On Slack 3DS Sales

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .