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Nintendo: No Wii Price Cut, Sorry!

Just a couple of months ago, Nintendo cut the price of its handheld gaming console, the DSi. The company announced in August its decision to drop the DSi to $149.99 and the DSi XL to $169.99. However, if you though that meant we'd soon see the price for the Wii fall, you thought wrong.

Despite the fact that sales are slowing down and it now has Microsoft and Sony to compete with in the motion-sensing  gaming market, Nintendo has said it has no plans to make the Wii any cheaper. Nintendo President and CEO Satoru Iwata recently spoke to the AP and said that though Nintendo is trying to attract those who never got around to buying a Wii, they won't be dropping the price to get them on board.

"Those who really wanted it would have already bought it so now we need to reach those who considered it but never got around to buying it," Iwata said, adding that to grab their attention they'll be using bundles like the Mario 25th anniversary bundle, which comes with a red Wii.

However, while Iwata said they're not considering a price cut right now, he didn't rule it out completely.

"Of course, we cannot say it will never happen, he said. "But we are not thinking of it for the near future."

The Wii got its first price drop this time last year, when it fell from $249 to its current $199 price tag.

Source: AP via CNet