Even with mounting pressures and the price cut spotted at Toys R Us, Nintendo is still not giving in and makes a stand. CVG got word from a spokesperson, and to no surprise at all, Nintendo brushes the rumors off, saying that they have no price cut plans.
According to the spokesperson:
We currently have no plans to cut the price of Wii. Current talk of price cuts is rumor and speculation.
This is rumor and speculation as Nintendo have made no announcements on price. Furthermore this is most likely retailer led much in the same way retailers in the UK offer price promotions on our products.
From this we can derive two possibilities:
1. They might be telling the truth after all and there is really no price cut coming.
2. They say "no plans" because they're already done planning and are about to make the announcement. Tricky wording. Remember that this is exactly what Sony said when the PS3 hardware redesign rumors surfaced. We'll be keeping our eyes on the Kyoto Cross Media Experience on September 26th, which Nintendo will be attending.
