Wii Price Dropping to $199 this Weekend
Posted: Wed Sep 23, 2009 10:49 am
Nintendo Wii Price Dropping to $199 this Weekend
by: Shane McGlaun
Price cut expected to be announced Friday by Nintendo
We all knew that once the Sony PS3 Slim hit the market at $299 that the other console makers would likely make similar cuts. Shortly after the PS3 Slim launch, Microsoft slashed the price of its Xbox 360 Elite to $299 as well.
It didn’t take long to see that the new $299 PS3 Slim was very popular with Sony seeing a 104% increase in sales the first week alone. With Sony and Microsoft dropping the price to $299, the Nintendo Wii was seen in a tight spot at $249 with must inferior hardware for the money compared to the competition.
If you expected Nintendo to cut the price of its console to meet the pressure from Sony and Microsoft, you were right. Engadget has received a tip that shows a screen grab from what appears to be a Best Buy computer showing that the price cut for the Wii to $199 will be announced by Nintendo on Friday.
Strangely, the same post also says that the price cut will not go into effect until Sunday. The source also claims that stores are getting increased inventory to support the expected rush of $199 Wii buyers.
This is the first price cut for the Wii since it launched three years ago.
by: Shane McGlaun
Price cut expected to be announced Friday by Nintendo
We all knew that once the Sony PS3 Slim hit the market at $299 that the other console makers would likely make similar cuts. Shortly after the PS3 Slim launch, Microsoft slashed the price of its Xbox 360 Elite to $299 as well.
It didn’t take long to see that the new $299 PS3 Slim was very popular with Sony seeing a 104% increase in sales the first week alone. With Sony and Microsoft dropping the price to $299, the Nintendo Wii was seen in a tight spot at $249 with must inferior hardware for the money compared to the competition.
If you expected Nintendo to cut the price of its console to meet the pressure from Sony and Microsoft, you were right. Engadget has received a tip that shows a screen grab from what appears to be a Best Buy computer showing that the price cut for the Wii to $199 will be announced by Nintendo on Friday.
Strangely, the same post also says that the price cut will not go into effect until Sunday. The source also claims that stores are getting increased inventory to support the expected rush of $199 Wii buyers.
This is the first price cut for the Wii since it launched three years ago.