With Nintendo Wii U still struggling to get off the ground in some regions, Nintendo have confirmed that there won't be a price cut in the near future.
The key with any new hardware investment is the software and games that it can play. Having a steady stream of titles from launch has been an issue at the House of Mario since its inception, but there is a wide selection of first-party efforts due this year. In order to continue to expand the Wii U userbase, Nintendo won't be cutting the hardware price so soon - as it did with the Nintendo 3DS - "putting our lessons to good use".
In the company's investors briefing this week, Nintendo president Satoru Iwata admitted that Nintendo "have not yet fully communicated the value of our product" and are hard at work to "enrich the software line-up which could make consumers understand the appeal of Wii U".
With Nintendo Wii U, we have taken a rather resolute stance in pricing it below its manufacturing cost, so we are not planning to perform a markdown - I would like to make this point absolutely clear.
What do you think of Nintendo's commitment to hardware pricing - does the Wii U need a price cut to improve sales?