Pachter predicts Wii price cut by November

Wedbush Morgan analyst Michael Pachter believes Nintendo will cut the price of the Wii by "no later than November." The prediction was part of his "August 2009 Video Game Sales Preview," which hit inboxes today, right before this Thursday's August NPD report. Pachter doesn't believe Nintendo can achieve its sales projections for the year if it holds onto the Wii's 2006 launch price of $250.

Pachter's been talking about this Wii price drop for a couple months now, but we're still not convinced that Nintendo will drop its console's price -- like its HD competitors have been doing -- or if it'll just make something like a Wii Fit bundle at the console's current price. Oh, how about just releasing the Wii in some new colors? That's always a winning strategy, isn't it?

http://www.joystiq.com/2009/09/08/pa...t-by-november/