Tempered earnings forecast issued didn't factor any potential price cuts for either of its consoles
Nintendo is playing it safer with projections for revenues in the coming fiscal year, but it does not appear to be in any rush to roll out price reductions for either of its flagship consoles as a measure to increase sales. Nintendo President Satoru Iwata said as much to analysts today: "Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them."
To be sure, while Nintendo expects a boost in the number of Wiis sold, the company also believes sales for its successful DS may actually drop a bit over the next twelve months. Could the image have been rosier if Nintendo did decide to reduce the DS price?
Alternate Source: Reuters
Sections: Console Games, Nintendo Consoles

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