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Satoru Iwata

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Nintendo Not Slashing Console Prices

Bad news, bargain hunters; Nintendo has gone on record saying there are no imminent price cuts for the Nintendo Wii or DS. Satoru Iwata, the company's president, said he did not believe in the "model" of price slashing, as it tends to leave early adopters feeling a little disheartened. Though we do agree, surely early adopters are well out of their honeymoon phase by now? With Nintendo's profits soaring to new heights, they're not exactly looking for a quick dollar, so perhaps the move makes a little sense. Still, Nintendo is not expecting to make as much cash on DS hardware sales in the coming year, which means there are a few more eggs in a Wii basket somewhere. The exact DS stats breakdown like this: More »

home entertainment

Nintendo Revolution Under $299


In a quickie comment, Nintendo's President Satoru Iwata has finally come out and said that the Nintendo Revolution will have a below-$299 pricetag when it debuts next year—obviously making sure it can compete with Xbox 360 and PS3. It's in Japanese, so you can read into it about as well as I can, but Happy New Year, Nintendo fans. More »