In an earnings call on Thursday, Nintendo president Satoru Iwata said price cuts for the company's market-leading Wii and DS consoles are unlikely to happen this year.
"Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them," Iwata said in a summary of the call posted over at Reuters.
As previously reported by GamePro, Nintendo's fourth quarter results released this week showed the company has sold 18.6 million Wii units over the past 12 months, bringing worldwide sales to date to 24.4 million units.
Sales for the company were up 73 percent across the fiscal year, while operating income was up 115.6 percent and profit up 47.7 percent.
With numbers like that, thoughts of a price cut for either console are wishful thinking at best, pure delusion at worst.
Additional sourcing from Reuters.
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