Pachter: $199 Wii By End of Year
Posted on June 14th, 2009 by Wii Game Reviews
Wedbush Morgan analyst Michael Pachter is tossing off another prediction : a price cut of the Wii to $199 by the end of the year. Why? Pachter believes Nintendo isn’t confident that the Wii will sell its stock at the current $249 price point. “Wii supply has finally exceeded demand, so we expect hardware sales to show year-over-year decreases for the first half of 2009,” he said in a research note. “In order to hit its full-year Wii shipment forecast, we expect Nintendo to cut the price of
Filed under: Wii