Despite horrible sales numbers Nintendo refuses to cut Wii U price

Nintendo says its not cutting prices

Nintendo (NTDOY ) has a lot riding on its latest
video game console, but sales have been slow
thus far. Gamers have not responded to the
bulky new GamePad controller, which could be
considered the biggest point of differentiation
on the Wii U . As a result, Nintendo recently
slashed its sales outlook on Wii U consoles for
the March quarter . Following some speculation
that Nintendo might cut the price of the Wii U
in an effort to bolster sales, the company
confirmed alongside its third-quarter results
that dropping the console’s price is not an
option.

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