Nintendo not planning to reduce Wii’s price
The recent price reductions for the Xbox 360 as well as the Playstation 3 are not reason enough for Nintendo to cut the price for its console. Company president Satoru Iwata told the Japanese Jiji Press that he has no intentions of lowering the retail price of the Wii. Iwata does not expect the lower prices of the PS3 and the Xbox 360 to affect sales of the Nintendo device in the U.S. and Europe.
Satoru also noted that the Wii will soon get another feature that will enable users to view TV program listings on Wii consoles that are connected to the Internet.