The rumors are true - Yesterday Nintendo announced they will be dropping the Wii’s price in both the US and Japan by $50 from to $199.99. There are no current plans to drop the price in either the UK, Europe, or Australia (Sorry guys!)
The cut brings the Wii in line with Microsoft’s $200 entry-level Xbox 360 Arcade System. The price drop follows a reported 50% decline in Wii sales compared with last year.
The new pricing will begin this Sunday, September 27th. Of course at that time we at vpgames.com will drop our price as well.
Both Sony & Microsoft have recently cut the prices of their consoles by a cool hundred bucks. In the United States, Sony’s new PS3 Slim now goes for $299, and Microsoft sells a rough and ready version of the Xbox 360 for $200, alongside its HDMI-ready Elite model for $299 as well. Microsoft’s also selling its discontinued Xbox 360 Pro for $250 and running a $50 rebate promotion on the Xbox 360 Elite through October 5th.
While the US video game industry has seen somewhat of a slump from March on this year, many have predicted it’ll recover as early as this month, possibly breaking even before the holiday shopping season.. After this price drop mania begins to subside, this will depend mainly on customer enthusiasm for big-league games like Halo 3: ODST, Uncharted 2 (PS3), the New Super Mario Bros (Wii), and of course, Call of Duty Modern Warfare 2 (Xbox 360, PS3, PC, and Wii)
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