The continued success of both Wii and Nintendo DS is not a secret, and hence it is no great surprise that Nintendo doesn't plan on cutting their prices during the current year.
"Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them," Nintendo President Satoru Iwata told an analyst meeting on Friday.
Nintendo's fourth quarter results showed that they have sold 18.6 million Wii units over the past 12 months, bringing worldwide sales to date to 24.4 million units.
Sales for the company were up 73 per cent across the fiscal year, while operating income was up 115.6 per cent and profit up 47.7 per cent.
April 26, 2008 - 9:00pm
