Games/Hardware prices may rise in the UK

[DBloke]

Because Nintendo love us that much there gonna make us pay more for there games.

To bad the quality of Wii software wont go up with the price

Nintendo has said that it is to raise the price of the Wii in the UK due to the depreciation of the pound.

The system has a recommended retail price of GBP 179.99 in the region, and with a price hike of around GBP 18 – 20, will put considerable pressure on retailers' margin.

"Due to the severe and continuing depreciation of the pound, we are, unfortunately, having to raise our trade price to UK retailers of Wii hardware," said the company. "The price that they then offer to consumers is, of course, up to the retailers."

"We are only – reluctantly – raising our trade price now to retailers due to unprecedented and sustained depreciation of the pound. This is a problem brought about by extreme currency fluctuations that are a symptom of the global economic situation," said Nintendo.

Major retailers such as GAME, Gamestation, HMV and the supermarkets often offer bundled software deals in-store to increase margins on hardware.

http://www.gamesindustry.biz/articles/nintendo-warns-software-trade-prices-may-also-rise

Nintendo has not ruled out a rise in prices for new software releases in the UK, due to the depreciation of the pound.
Although trade prices for titles currently on the market will not change, there is a possibility of new releases being hit with a price hike.

"The final price in the shops is always up to retailers but we will not be increasing the trade price of existing Wii or DS software," offered Nintendo.

"However, the trade prices for new titles yet to be released may rise as a result of the depreciation of the pound."

Wii hardware trade prices are already set to rise in the UK, "due to unprecedented and sustained depreciation of the pound," said Nintendo.

However, the DSi – due for release early next month – and the current DS model, will not be affected, said the company.

"The present exchange rate was taken into consideration when we announced the trade price of DSi to retailers across Europe."

"At this time, we do not expect to have to change the trade price we charge to retailers for the DSi or DS price in the UK in the foreseeable future."

To think we have to wait (some times months) for there games
Coming soon
Less UK people buying Wii games and Nintendo losses millions

 

[Bodine]

Yeah... doesn't seem like a wise buisness choice if you ask me. Maybe if they did it here in the U.S. (lets hope not) they might get better results seeing that most of us just jump right into a purchase :lol: