Wii to receive a price cut on May 15th?
Price cuts of a console are big news because they often signal the imminent arrival of a successor. And when there are rumours of a price cut for a console that has historically had only a modest reduction from $250 to $200, it’s probably worth listening – especially when the news is coming from a site as well-respected as Engadget.
A “trusted source” has apparently told Engadget that the Wii’s price will be dropped to $150 on May 15th, once again giving it the name of “cheapest console” – one it held for a long time after its 2006 launch. This rumour could have some truth to it, as Reggie Fils-Aime has gone on record saying that dropping the Wii’s price was something Nintendo would be willing to do in order to remain competitive with its superpowered rivals.
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Well both Best Buy and Amazon have dropped the price of a Wii to $169.99. They know something we don’t, which is probably the price cut. Of course we think we know about it, but this is a rumor; unconfirmed until *gasp* May 15th.
Both Best Buy and Amazon are listing their $170 prices as sales, making me think that it might just be a temporary Easter promotion (I know that GAME in the UK did something like that, for instance). Still, we’ll see how it plays out. I’ll write up another post on this.