Nintendo Co Ltd. (NTDOY)Nintendo: We Won’t Need Price Cuts This Year
next-gen.biz - April 25, 2008
Submitted by Rol83 (481)
at 5:39AM PST on April 25, 2008
Satoru Iwata says Nintendo isn't planning on reducing the cost of its market-leading Wii and DS consoles during the current fiscal 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."