Nintendo Announces Official Wii Price Cut

Nintendo have just announced a price cut for the Wii in both the US and Japan, putting an end to weeks of speculation.

In the US, the cut will take effect on September 27, and as expected will see the console go from $250 to $200.

In Japan, the reduction will kick in on October 1, and see the console dropping from 25,000 (USD$273) to 20,000 (USD$218).

This marks the first time Nintendo have officially reduced the price of the console in any market since the console's launch in 2006. That's an impressive run.