Nintendo: no plans for Wii U price cut

[Administrator]

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.
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