[quote name='Deader2818']No, you're right. You made a believer out of me. Nintendo needs to drop the price by $100 and do it fast. Having games isnt going to help them at all. Its lowering the price.
You're 100% correct and I am totally wrong. I eagerly await the price drop announcement in the coming month.[/QUOTE]
Excellent, I'm glad you came around to my way of thinking. Next month you can come here with me and do the party dance about being right (again).
[quote name='foltzie']The issue with price drops is that supposedly Nintendo is already cutting the margin thin to non-exsistent already. They rarely operate by selling hardware at a loss.
$299 isnt a bad price compared to the 360 W/Kinect (which retails at $299), but it just isnt selling and it may be a matter of the 360 having bundle that retails for $200.
I think the $0.30 VC sale and certainly the digital promotion are attempts to offer 3DS Ambassador like perks to early adopters.
Im curious what the PS4 and Xbox 3 retail prices will be, given that they are both likely to pack exotic hardware in addition to the beefier core hardware (Kinect and Move).[/QUOTE]
Nintendo was selling at a loss originally but only barely. They're in a VERY GOOD position to lower the price and take a loss. They have 15 billion cash on hand (3x that of Sony) and only 5,000 employees (1/32 as many as Sony). They said last year that after selling JUST ONE GAME that the entire sale (the Wii U + game) is revenue positive meaning that their licensing fee on the ONE GAME (Zombie U for instance) is enough to cover the entire loss plus some. That means the loss is less than $10 per unit at launch and probably even less or a slight profit by now.