Why There Won't Be a Wii U Price Cut Anytime Soon

Three hundred bucks, at least. That's hefty for some gamers, who are waiting (and hoping) that Nintendo will slash the Wii U's price. The console, released last fall in North America, isn't quite flying off the shelves like the Wii did. A price cut might be just what the doctor ordered.

Don't hold your breath, because that isn't want you'll be getting anytime soon. Rats!

In a recent investor's meeting, Nintendo president Satoru Iwata said after taking into account how much it costs to make and sell each Wii U, Nintendo is already offering it a very competitive price.

Thus, Iwata said, "We don't have plans for a price cut option." And the Wii U's component parts inevitably become cheaper and cheaper, there will be a greater possibility of a price cut.

経営方針説明会 / 第3四半期決算説明会 [任天堂]