Tags: Gaming Consoles, Microsoft, Microsoft Xbox 360 Arcade, Nintendo, Nintendo DS, Nintendo Wii, Sony

Nintendo: No price cuts on Wii and DS this year

Sony and Microsoft might have announced several price cuts on their consoles to make them more attractive to the end customer.

Nintendo however has no such plans. Nintendo Wii and DS continue to sell in large numbers and the Japanese videogame console maker has said no price cuts are planned.

A company representative said: “Our earnings projection for the year is not based on hardware price cuts, and I don’t think we are going to need them.”

This statement came just a day after Nintendo revealed that its operating profit more than doubled in the year ended March.

Nintendo Wii remains the cheapest gaming console in the market though Microsoft has lowered the price of the Arcade edition of Xbox 360 to come pretty close to that mark.