Is The Wii Price Going Lower?

October 30, 2009 · Posted in Wii Bundle, Wii Deals, Wii Fit, wii console · Comment 

Nintendo company stock is down as a result of Wii sales that are lower than expected despite that the company lowered the Wii price. Sales are slumping and it sounds like it took the company by surprise.

What would be the reason for slowing Wii sales? Well, market saturation might be one reason. Gamers have a choice between the Wii console, PS3 and Xbox of course. How many serious gamers will go for the Wii?

And relying on non-traditional gamers also has its pitfalls, since many individual buyers might be interested in the Wii Fit for example, but not at that price. Same goes for seniors who are using the Wii for exercise and fun, the price tag might be putting them off, even if it has been lowered somewhat

People are not buying as much as they used to either, cutting costs and expenses, and a game console for folks who aren't die hard gamers might not be high on the must buy list. When the economy is bad, this type of expensive purchase is out of reach for a percentage of the population that normally would be buying

Profits are down, and Nintendo's income is lower as a result, what impact does that have for the buyer? Sales of the PS3 are up too because Sony lowered their prices to compete, so it seems like the competition is wising up too.

Now, buyers are going to be looking for more new games and game titles to take advantage of the new electronics, like the MotionPlus and the Wii Fit balance board. Will there be price cuts for games? Since most are at the $50 mark, lower Wii prices on games as well as consoles would be good for consumers.

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