Is The Wii Price Going Lower?
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.
Comments
Leave a Reply
Wii Fit System- Nintendo Wii Console With Wii Fit BundleNintendo Wii Bundles are package deals that include the Nintendo Wii console, one or more controllers, either retgular or the new Wii MotionPlus, along with many additional accessories, Wii games and a selection of other add ons. Altogether, the number of possible combinations is endless, with so many new features, accessories and other great additions […]
- Wii Fit Stays At Top Of Charts As Top GameAccording to the NPD Group, an industry group which monitors monthly and yearly North American software sales, Nintendo's popular Wii Fit exercise program is about to become the second-best-selling 'videogame' since 2000. Since being released last April, the $89 game which comes with the Wii Balance Board has skyrocketed up the sales charts, a […]
- Wii Fit Plus Improves The Wii Fit GamesThe new game, Wii Fit Plus, is now out in the US! Wii Fit Plus adds and improves some of the original Wii Fit games by making things like yoga and strength training more enhanced. Here are some of the new features: Users can input the amount of time they want to spend on their […]
- Where To Buy The Wii Fit W/ Balance Board Starter BundleRight now prices are great for the Wii Console, and especially for the Wii Fit. Demand has been slowing due to the economy, but people are also looking for easy ways to stay fit, and the Wii Fit is the perfect answer. Right now there are plenty of Wii Fit w/ balance board starter bundle […]
- Where To Buy The Wii Fit W/ Balance Board Starter BundleRight now prices are great for the Wii Console, and especially for the Wii Fit. Demand has been slowing due to the economy, but people are also looking for easy ways to stay fit, and the Wii Fit is the perfect answer. Today there are plenty of Wii Fit w/ balance board starter bundle sales […]
- Nintendo Wii Console With Wii Fit Bundle
