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Nintendo: no plans for Wii U price cut
Nintendo has no plans to drop the price of its struggling Wii U console, it has announced, despite early sales being poorer than predicted.Company president Satoru Iwata pledged not to cut the price of the Wii U during his quarterly address to investors, following the announcement of lower Wii U sales expectations. Nintendo already sells the console at a loss, Iwata reasoned, so a price cut at this time would be a risky move.Read more…
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