Tuesday, May 03, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony Releases New Home Audio Products
HDD Sales Fall, Capacities Rise
Sony's Future Camera Could Be in The Form Of A Contact Lens
HP Refreshes The Pavilion PC Line-up
Intel and Oculus Bring Virtual Reality to Best Buy Stores
NVIDIA And Samsung Agree to Settle IP Litigation
Samsung Develops 3rd Generation 14-Nano FinFET Low-power Process
IE Loses Top Web Browser Spot to Chrome
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Games > Nintend...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 31, 2013
Nintendo Chief Says No Price Cuts For Wii U


Nintendo President Satoru Iwata ruled out price cuts for the company's new Wii U home console, despite the weak sales.

Iwata, speaking to investors and reporters a day after earnings were released, acknowledged the sales momentum for the Wii U and the Nintendo 3DS had run out of steam during the key year-end shopping season, especially in the U.S. However, he said no price cuts were in the works.

"With Wii U, we have taken a rather resolute stance in pricing it below its manufacturing cost, so we are not planning to perform a markdown," he said.

The Wii U now sells for about $300 in the U.S. and 25,000 yen in Japan.

He added that Nintendo has not managed to "fully communicate" the value of the Wii U, and promised to to do so. At the same, he promises the company would work to enrich the software lineup which could make consumers understand the appeal of Wii U.

Iwata was confident that both the Nintendo DS and the Wii will finally become "highly-appraised" platforms, as the company will launch new games starting from spring.

"As a decisive factor in buying a console is that you cannot play a much-anticipated title without the hardware, we will make a lot of such titles available during this time," he said.

Iwata also promised Thursday the struggling Japanese video-game maker will get back into operating profitability next fiscal year at more than 100 billion yen.

The company forecasts it will sell 4 million Wii U consoles for the current fiscal year, ending March 31, down from its earlier estimate of 5.5 million units.


Previous
Next
DVD and Blu-ray Still Drive Home Entertainment Revenue        All News        Chinese Hackers Target New York Times Servers
Sony PlayStation Event Set For February     Games News      Nintendo Wii U Fails To Boost The Company's Profits

Get RSS feed Easy Print E-Mail this Message

Related News
Nintendo 'NX' Gaming Platform Coming Next year
Nintendo Miitomo App For Mobile Devices Launches in the U.S.
Nintendo Says Miitomo Has Already Amassed Over 1 Million Users
Nintendo's 'Miitomo' Mobile App Launched In Japan
Nintendo Cuts Annual Outlook On Weak Sales, NX Console Launch Remains On Track
Nintendo Opens Preregistration for Miitomo, Its First Smartphone App
Nintendo Outlines Plans For New Membership Service, First Mobile App Miitomo
New Wii U Games Kept Nintendo's Profit Up
Minecraft Coming On Nintendo
Nintendo Wins Wii U Patent Case
Nintendo Highlights Holiday and Early 2016 Game Line Up For Wii U and Nintendo 3DS
Nintendo's Miitomo Mobile Gaming Coming Next Year

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .