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Nintendo Needs a Price Cut

Nintendo (NASDAQOTH: NTDOY  ) faces a cruel holiday shopping season as its Wii U consoles collect dust. Gamers will turn their attention to Sony (NYSE: SNE  ) and Microsoft (NASDAQ: MSFT  ) , and a price cut on its Wii U is inevitable at this point.¬†

In this video, longtime Fool contributor Rick Munarriz argues that Nintendo should come through with cheaper Wii U systems now rather than just wait until the November release of the Xbox One and PS4.

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Read/Post Comments (5) | Recommend This Article (1)

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  • Report this Comment On June 24, 2013, at 9:27 PM, Burstedbladder wrote:

    Who cares! I'm still nit buying their so-called newer pieces of krap.

  • Report this Comment On June 25, 2013, at 12:55 AM, evansvilleace wrote:

    Mmmno, it doesn't need a price cut. It needs games. It's already being sold at a low, reasonable cost. It could be $0.99 and no one would buy it right now, because buying hardware for the sake of hardware is silly. It needs software to be worth the purchase.

  • Report this Comment On June 25, 2013, at 1:49 AM, Manaphy2007 wrote:

    ever heard of nintendo is selling the wii u at a loss? no? then you must live under a rock. nintendo does not need a price cut, it needs games and when they start rolling then the wii u sales will pick up. wii u needs a price cut, 'ta loco (geroge lopez accent)

  • Report this Comment On June 25, 2013, at 9:01 AM, jedidethfreak wrote:

    The Wii U:

    -is cheaper than either system, at its most expensive

    -will play a lot of the same games

    -doesn't require a subscription to play games online

    -has Nintendo games, and a lot of them are coming out before those other systems launch.

    I think Nintendo will be fine. Keep in mind, Nintendo will be selling the only profitable products in the industry when the other systems launch.

  • Report this Comment On June 25, 2013, at 10:59 AM, jonfromny wrote:

    Nintendo will always have its fanbase who would swear by any new system, no matter how inferior it is to the competition. More power to them. There was a time when they were pretty much the gold standard of the video game industry. It's been long passed.

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