The Wii is not worth $250.

The Wii released in Nov 2006. At that point, it seemed like a pretty package. $250 for a game worth $50 and a console that's been spruced up and combined with a $60 controller. Sure, it lacked movie playback, a hard drive, or any high-end internals, but it promised better software support than the Gamecube and was power-efficient and appealing.

Today, however, the console is aging more, especially against a background of $350-$400 high end consoles with high def movie playback and games with attractive visuals, AI, and physics. Wii Sports, especially due to contemporary used games merchants like Gamestop, is no longer worth anywhere close to $50. It's still an attractive package....but what's the deal? I can get an 8800 GT 65nm with performance comparable to an 8800 GTX for $250 only a year after the GTX's release....but here I am looking at a cute, streamlined Wii with an interesting control option unwilling to compromise its own existence. It's made all the more painful by the release of Playstation 3 and Xbox 360 models with full 65nm GPU and CPUs.

The worst part is, this hasn't affected demand at all. Nintendo says "yeah, we're keeping the price the same and we're not even thinking about pulling Wii Sports..." Demand be damned, the Wii is not worth $250.

Partially because I want one.

The Wii is worth whatever price people are willing to pay for it.

it has better exclusives than the PS3 for less than half the price. Sounds alright to methe_h_bomb

Are you certain about that?

Partially because I want one.

BobHipJames

That's the one thing I agreed with ya. It should be $100 only to fit my low budget.. Then I'll be happy. :D

The Wii is worth whatever price people are willing to pay for it.

KingOfKonging

Wow. What are you, a high-school economics teacher? Get out of here, Adam Smith, I'm trying to have a conversation.

Are you certain about that?

BobHipJames

forgot oabout the price cut. The mistake has now been corrected

Any product is worth what consumers are willing to pay for it.

Which means the Wii is definitely worth $250.

[QUOTE="KingOfKonging"]

The Wii is worth whatever price people are willing to pay for it.

BobHipJames

Wow. What are you, a high-school economics teacher? Get out of here, Adam Smith, I'm trying to have a conversation.

No, I'm actually a dinosaur. An actual, living dinosaur.

What are you, an acrobat?

let's keep on guessing.

HTH is Kingofkonging still here after his stunt in the suicide thread earlier? :?

Wii has built in Wifi that MS charges $100 for

My question to you and anyone who says this, Have you ever designed, and produced a video game console? No? Then stuff it, you don't have the right to ask the question.dotWithShoes

8800 GT=65 nm

40 gig PS3=65nm

Xbox 360 (certain SKUs)=65nm

Wii: almost mirror image of the Gamecube internals....retailing for? $250. What gives?

Do you have an inability of cross-examining the market? Are you going to buy yourself 10 Wiis, artificially inflate the market, and prove your point that way? Wow, you are gullible. As for me, I'll stick with the good stuff, thanks, sweetheart.

[QUOTE="KingOfKonging"]

The Wii is worth whatever price people are willing to pay for it.

BobHipJames

Wow. What are you, a high-school economics teacher? Get out of here, Adam Smith, I'm trying to have a conversation.

with that attitude toward others i can see why you're failing at it.

[QUOTE="BobHipJames"][QUOTE="KingOfKonging"]

The Wii is worth whatever price people are willing to pay for it.

KingOfKonging

Wow. What are you, a high-school economics teacher? Get out of here, Adam Smith, I'm trying to have a conversation.

No, I'm actually a dinosaur. An actual, living dinosaur.

What are you, an acrobat?

let's keep on guessing.

A grandmother? A gullible 14 year old? I'm not sure. Fill in the blank so I can make fun.

[QUOTE="BobHipJames"][QUOTE="KingOfKonging"]

The Wii is worth whatever price people are willing to pay for it.

Ontain

Wow. What are you, a high-school economics teacher? Get out of here, Adam Smith, I'm trying to have a conversation.

with that attitude toward others i can see why you're failing at it.

And he sure hit the ball out of the park with that first comment. Thanks for your opinion.

HTH is Kingofkonging still here after his stunt in the suicide thread earlier? :?

Wii has built in Wifi that MS charges $100 for

JiveT

The Playstation 3 40 gigabyte model retails for $400 and has wi-fi....and a Blu Ray drive. The sad part is: Sony's losing money on each console sold, and is still aggressively reducing the price. Nintendo has stated they are committed to $250 throughout the year, despite the fact that they have made a profit since day one.

Microsoft's premium SKU comes with 2 games, one of which is a $60 value (Forza 2). It has DVD playback, as well as a hard drive. It also has a core SKU with 5 "arcade" games for $300 and 256 MB memory unit. What gives?

Edit: Core SKU is now $379

It's worth more than $250darkmario123

Esplain.

All product's ALL PRODUCT'S value is based off demand.goblaa

This product subsists on hype alone at this point. There is no good reason for it to be $250 unless it's coated in gold.

[QUOTE="darkmario123"]It's worth more than $250BobHipJames

Esplain.

Demand > Supply

Nintendo needs to increase the price.

[QUOTE="JiveT"]

HTH is Kingofkonging still here after his stunt in the suicide thread earlier? :?

Wii has built in Wifi that MS charges $100 for

BobHipJames

The Playstation 3 40 gigabyte model retails for $400 and has wi-fi....and a Blu Ray drive. The sad part is: Sony's losing money on each console sold, and is still aggressively reducing the price. Nintendo has stated they are committed to $250 throughout the year, despite the fact that they have made a profit since day one.

Microsoft's premium SKU comes with 2 games, one of which is a $60 value (Forza 2). It has DVD playback, as well as a hard drive. It also has a core SKU with 5 "arcade" games for $300 and 256 MB memory unit. What gives?

Edit: Core SKU is now $379

How dare Nintendo try to make a profit! A company's number one goal is to give us whatever we want, not to make money!

[QUOTE="dotWithShoes"]My question to you and anyone who says this, Have you ever designed, and produced a video game console? No? Then stuff it, you don't have the right to ask the question.BobHipJames

8800 GT=65 nm

40 gig PS3=65nm

Xbox 360 (certain SKUs)=65nm

Wii: almost mirror image of the Gamecube internals....retailing for? $250. What gives?

Do you have an inability of cross-examining the market? Are you going to buy yourself 10 Wiis, artificially inflate the market, and prove your point that way? Wow, you are gullible. As for me, I'll stick with the good stuff, thanks, sweetheart.

What point would I be trying to make? That you've never done any of the things I asked? Yet you think you are qualified to say what something is worth?

How much do you think the Xbox 360 games cost to produce each one of? Is it $60?

[QUOTE="BobHipJames"]

[QUOTE="darkmario123"]It's worth more than $250darkmario123

Esplain.

Demand > Supply

Nintendo needs to increase the price.

This reminds me of the gasoline arguments. The price is unreasonable, because there are alternative ways to get a similar product with far greater efficiency.

And, like always, the supply chain is artificially constricted. Come the hell on. Considering the ease of manufacturing for most of the products that have been created for half a decade....I just don't understand why you're attempting to justify an obviously inflated price.

The Wii is not worth $250. If people are willing to pay $250 for it, they don't understand their alternatives or are making an unwise choice.

HTH is Kingofkonging still here after his stunt in the suicide thread earlier? :?

Wii has built in Wifi that MS charges $100 for

JiveT

Good point. I personally think Wii should be closer to $200, but it's not a huge deal for me. You do get free (although mediocre) online and built-in Wi-Fi, which is not a bad deal.

[QUOTE="darkmario123"][QUOTE="BobHipJames"]

[QUOTE="darkmario123"]It's worth more than $250BobHipJames

Esplain.

Demand > Supply

Nintendo needs to increase the price.

This reminds me of the gasoline arguments. The price is unreasonable, because there are alternative ways to get a similar product with far greater efficiency.

And, like always, the supply chain is artificially constricted. Come the hell on. Considering the ease of manufacturing for most of the products that have been created for half a decade....I just don't understand why you're attempting to justify an obviously inflated price.

The Wii is not worth $250. If people are willing to pay $250 for it, they don't understand their alternatives or are making an unwise choice.

Well then, I guess 12 million people made an unwise choice.

[QUOTE="BobHipJames"]

[QUOTE="dotWithShoes"]My question to you and anyone who says this, Have you ever designed, and produced a video game console? No? Then stuff it, you don't have the right to ask the question.dotWithShoes

8800 GT=65 nm

40 gig PS3=65nm

Xbox 360 (certain SKUs)=65nm

Wii: almost mirror image of the Gamecube internals....retailing for? $250. What gives?

Do you have an inability of cross-examining the market? Are you going to buy yourself 10 Wiis, artificially inflate the market, and prove your point that way? Wow, you are gullible. As for me, I'll stick with the good stuff, thanks, sweetheart.

What point would I be trying to make? That you've never done any of the things I asked? Yet you think you are qualified to say what something is worth?

How much do you think the Xbox 360 games cost to produce each one of? Is it $60?

Wow. This is getting intense now. I promise not to take you seriously given you have a Nintendo icon, but I'll address your arguments seriously because I'm just that nice:

"How much do you think the Xbox 360 games cost to produce each one of? Is it $60?"

LoL. All of these people talking economics like it's written on the wall, and then you come in here with some ridiculous comment like this. Of course they cost more than $60 to produce....there are associated costs to development. You have to hire a 100 man staff, for example, with a wide range of technical and artistic experience. You need times, tools, a publisher who expects a return on his investment....etcetera. Sometimes development can go on for years, becoming very costly. I understand.

But how much does it cost to transfer some data to a disc? To put that into a box, then ship it out to stores? You're paying for the IP, not the actual item itself. That's why bootlegging is such a problem: because it's so damn easy. Easier than counterfeiting cash, that's for sure.

At any rate, the $60 cost is distributed amongst the entire world....let's say you sell a million copies. Multiply that by $60. That's $60 million revenue. Assuming $20 million cost of development and only selling the game for $40 to retailers (I have no idea what the actual price is...most retailers make their cash on used games anyway), that's a $20 million profit. That's a rudimentary way of looking at it, but it makes sense to me.

Why would I have to design or produce a videogame console to understand how the process works? I happen to be aware that there were probably very limited R&D costs associated with the Wii versus most other modern consoles....most of the functionality has been ripped out of the poor thing. It's got a cute design which was dreamed up by one person in Nintendo's senior staff...then they put it on the production line and it pays for itself. Mass production is by far the easiest part of making a product....once you get it going, costs naturally deflate. In addition, the internals of the product should be constantly changing. Think the slim PS2...as the components get smaller, the product gets even easier to mass produce, thus negating early losses or magnifying product price outlook. This means sustained profits even as the price drops like a friggin' rock. This happened from DAY ONE on the Wii. Since launch, they made a profit on EVERY WII sold. That speaks for itself. You don't seem to understand this.

They're literally selling cutting edge technology for a hundred dollars more with all-inclusive packages that put the Wii to shame. Can you even imagine the R&D costs associated with developing the Cell processor ALONE? The Xenon ALONE? Blu Ray ALONE? They're STILL losing billions of dollars, to this day, and their product is alREADY on the market, and the price is being dropped consistently despite ALL of this!

These guys, literally, they took old, cheap technology, modified it slightly (keep in mind all this stuff is insanely basic, there are virtually no R&D costs associated with it), made it cool and efficient, then threw it on the production line.

Where is the magic rabbit here?

first, you're talking about price not worth. worth is a subjective thing.

second, price is always because of supply and demand. it doesn't matter if the components are more or less. it's the whole that counts. ppl pay more then the cost of the components and labor for almost everything.

third, it doesn't matter what the competition has or what price it's at if the demand for the competition isn't as great. look at the ps2. it's competition was cheaper and more powerful. but ppl didn't want them as much. now you can talk about games as well but that is part of the experience of owning the system. at this point it's clear ppl like the wii experience. they like it so much that they will buy the wii at 250 or more as well see on amazon.

The Wii released in Nov 2006. At that point, it seemed like a pretty package. $250 for a game worth $50 and a console that's been spruced up and combined with a $60 controller. Sure, it lacked movie playback, a hard drive, or any high-end internals, but it promised better software support than the Gamecube and was power-efficient and appealing.

Today, however, the console is aging more, especially against a background of $350-$400 high end consoles with high def movie playback and games with attractive visuals, AI, and physics. Wii Sports, especially due to contemporary used games merchants like Gamestop, is no longer worth anywhere close to $50. It's still an attractive package....but what's the deal? I can get an 8800 GT 65nm with performance comparable to an 8800 GTX for $250 only a year after the GTX's release....but here I am looking at a cute, streamlined Wii with an interesting control option unwilling to compromise its own existence. It's made all the more painful by the release of Playstation 3 and Xbox 360 models with full 65nm GPU and CPUs.

The worst part is, this hasn't affected demand at all. Nintendo says "yeah, we're keeping the price the same and we're not even thinking about pulling Wii Sports..." Demand be damned, the Wii is not worth $250.

Partially because I want one.

BobHipJames

the one bold made me laugh ur 2 cheap 2 by an 20 dallars dvd player

seems ur mighty wall of text that tries to be an objective analysis fails miserably and is overshadowed by well over 10 mil wii's sold..... seems someone(s) thinks its well worth the price of admission so stuff it nubrymill2

Wow, you sound objective too.

[QUOTE="BobHipJames"]

The Wii released in Nov 2006. At that point, it seemed like a pretty package. $250 for a game worth $50 and a console that's been spruced up and combined with a $60 controller. Sure, it lacked movie playback, a hard drive, or any high-end internals, but it promised better software support than the Gamecube and was power-efficient and appealing.

Today, however, the console is aging more, especially against a background of $350-$400 high end consoles with high def movie playback and games with attractive visuals, AI, and physics. Wii Sports, especially due to contemporary used games merchants like Gamestop, is no longer worth anywhere close to $50. It's still an attractive package....but what's the deal? I can get an 8800 GT 65nm with performance comparable to an 8800 GTX for $250 only a year after the GTX's release....but here I am looking at a cute, streamlined Wii with an interesting control option unwilling to compromise its own existence. It's made all the more painful by the release of Playstation 3 and Xbox 360 models with full 65nm GPU and CPUs.

The worst part is, this hasn't affected demand at all. Nintendo says "yeah, we're keeping the price the same and we're not even thinking about pulling Wii Sports..." Demand be damned, the Wii is not worth $250.

Partially because I want one.

ljlrj

the one bold made me laugh ur 2 cheap 2 by an 20 dallars dvd player

I don't have to, I bought a PS2. Do you understand the irony?

[QUOTE="dotWithShoes"][QUOTE="BobHipJames"]

[QUOTE="dotWithShoes"]My question to you and anyone who says this, Have you ever designed, and produced a video game console? No? Then stuff it, you don't have the right to ask the question.BobHipJames

8800 GT=65 nm

40 gig PS3=65nm

Xbox 360 (certain SKUs)=65nm

Wii: almost mirror image of the Gamecube internals....retailing for? $250. What gives?

Do you have an inability of cross-examining the market? Are you going to buy yourself 10 Wiis, artificially inflate the market, and prove your point that way? Wow, you are gullible. As for me, I'll stick with the good stuff, thanks, sweetheart.

What point would I be trying to make? That you've never done any of the things I asked? Yet you think you are qualified to say what something is worth?

How much do you think the Xbox 360 games cost to produce each one of? Is it $60?

Wow. This is getting intense now. I promise not to take you seriously given you have a Nintendo icon, but I'll address your arguments seriously because I'm just that nice:

"How much do you think the Xbox 360 games cost to produce each one of? Is it $60?"

LoL. All of these people talking economics like it's written on the wall, and then you come in here with some ridiculous comment like this. Of course they cost more than $60 to produce....there are associated costs to development. You have to hire a 100 man staff, for example, with a wide range of technical and artistic experience. You need times, tools, a publisher who expects a return on his investment....etcetera. Sometimes development can go on for years, becoming very costly. I understand.

But how much does it cost to transfer some data to a disc? To put that into a box, then ship it out to stores? You're paying for the IP, not the actual item itself. That's why bootlegging is such a problem: because it's so damn easy. Easier than counterfeiting cash, that's for sure.

At any rate, the $60 cost is distributed amongst the entire world....let's say you sell a million copies. Multiply that by $60. That's $60 million revenue. Assuming $20 million cost of development and only selling the game for $40 to retailers (I have no idea what the actual price is...most retailers make their cash on used games anyway), that's a $20 million profit. That's a rudimentary way of looking at it, but it makes sense to me.

Why would I have to design or produce a videogame console to understand how the process works? I happen to be aware that there were probably very limited R&D costs associated with the Wii versus most other modern consoles....most of the functionality has been ripped out of the poor thing. It's got a cute design which was dreamed up by one person in Nintendo's senior staff...then they put it on the production line and it pays for itself. Mass production is by far the easiest part of making a product....once you get it going, costs naturally deflate. In addition, the internals of the product should be constantly changing. Think the slim PS2...as the components get smaller, the product gets even easier to mass produce, thus negating early losses or magnifying product price outlook. This means sustained profits even as the price drops like a friggin' rock. This happened from DAY ONE on the Wii. Since launch, they made a profit on EVERY WII sold. That speaks for itself. You don't seem to understand this.

They're literally selling cutting edge technology for a hundred dollars more with all-inclusive packages that put the Wii to shame. Can you even imagine the R&D costs associated with developing the Cell processor ALONE? The Xenon ALONE? Blu Ray ALONE?

These guys, literally, they took old, cheap technology, modified it slightly (keep in mind all this stuff is insanely basic, there are virtually no R&D costs associated with it), made it cool and efficient, then threw it on the production line.

Where is the magic rabbit here?

You seem to think Nintendo making a profit since day one is a bad thing. Sorry, but selling your console at a loss is not a viable economic model unless you can subsidize your console division, like Sony and MS. This was not an option for Nintendo. They HAVE to sell their consoles at a profit in order to survive.

These guys, literally, they took old, cheap technology, modified it slightly (keep in mind all this stuff is insanely basic, there are virtually no R&D costs associated with it), made it cool and efficient, then threw it on the production line.

BobHipJames

you don't know the R&D costs associated so please don't talk about them. as for what taking cheaper components and many them into a new experience, that's what most things are. food, art, anything from china, etc.

first, you're talking about price not worth. worth is a subjective thing.

second, price is always because of supply and demand. it doesn't matter if the components are more or less. it's the whole that counts. ppl pay more then the cost of the components and labor for almost everything.

third, it doesn't matter what the competition has or what price it's at if the demand for the competition isn't as great. look at the ps2. it's competition was cheaper and more powerful. but ppl didn't want them as much. now you can talk about games as well but that is part of the experience of owning the system. at this point it's clear ppl like the wii experience. they like it so much that they will buy the wii at 250 or more as well see on amazon.

Ontain

That doesn't mean they should. I don't need an explanation on why the Wii's price is so bloated. In fact, at this point, I just want someone to acknowledge that it's bloated.

[QUOTE="BobHipJames"]

These guys, literally, they took old, cheap technology, modified it slightly (keep in mind all this stuff is insanely basic, there are virtually no R&D costs associated with it), made it cool and efficient, then threw it on the production line.

Ontain

you don't know the R&D costs associated so please don't talk about them. as for what taking cheaper components and many them into a new experience, that's what most things are. food, art, anything from china, etc.

I promise you that the entire console didn't cost as much as the R&D associated with and ongoing with the Cell processor or Blu Ray, taken alone.

You seem to think Nintendo making a profit since day one is a bad thing. Sorry, but selling your console at a loss is not a viable economic model unless you can subsidize your console division, like Sony and MS. This was not an option for Nintendo. They HAVE to sell their consoles at a profit in order to survive.

Nickman71

Oh, boo hoo, the leader of the videogame market has to sell at a profit or they'll never get by....oh, please.

Wii+DS will sustain them til the end of their days. Sony's still kicking and Nintendo just blazed past them.

Quite a scram, though they hold the old favs hostage.

Getting to really dislike Nintendo as they have shown themselves as the greediest of them all ! :(

The Wii might not be worth $250 to you, and when you break down its components individually, it might not have cost $250 to make, but it's clearly worth $250 to a ton of other people who have paid money for it. Those people valued the product at or above $250, and were willing to pay for it.

Just because consumers preferences are not in line with your own personal preferences does not make those people irrational, and a product's worth to a consumer is not solely determined by how much it costs to make.

[QUOTE="Nickman71"]

You seem to think Nintendo making a profit since day one is a bad thing. Sorry, but selling your console at a loss is not a viable economic model unless you can subsidize your console division, like Sony and MS. This was not an option for Nintendo. They HAVE to sell their consoles at a profit in order to survive.

BobHipJames

Oh, boo hoo, the leader of the videogame market has to sell at a profit or they'll never get by....oh, please.

Wii+DS will sustain them til the end of their days. Sony's still kicking and Nintendo just blazed past them.

That was one of the most ridiculous things I've ever read on system wars.

Are you comparing Sony, a company with movie studios, a gaming division, music division, computer division, ect, to Nintendo, who ONLY makes games and consoles? (Although, ironically, Nintendo is worth more than all of Sony!)

[QUOTE="BobHipJames"][QUOTE="Nickman71"]

You seem to think Nintendo making a profit since day one is a bad thing. Sorry, but selling your console at a loss is not a viable economic model unless you can subsidize your console division, like Sony and MS. This was not an option for Nintendo. They HAVE to sell their consoles at a profit in order to survive.

Nickman71

Oh, boo hoo, the leader of the videogame market has to sell at a profit or they'll never get by....oh, please.

Wii+DS will sustain them til the end of their days. Sony's still kicking and Nintendo just blazed past them.

That was one of the most ridiculous things I've ever read on system wars.

Are you comparing Sony, a company with movie studios, a gaming division, music division, computer division, ect, to Nintendo, who ONLY makes games and consoles? (Although, ironically, Nintendo is worth more than all of Sony!)

Self-owned.

[QUOTE="Ontain"][QUOTE="BobHipJames"]

These guys, literally, they took old, cheap technology, modified it slightly (keep in mind all this stuff is insanely basic, there are virtually no R&D costs associated with it), made it cool and efficient, then threw it on the production line.

BobHipJames

you don't know the R&D costs associated so please don't talk about them. as for what taking cheaper components and many them into a new experience, that's what most things are. food, art, anything from china, etc.

I promise you that the entire console didn't cost as much as the R&D associated with and ongoing with the Cell processor or Blu Ray, taken alone.

don't blame nintendo for not creating a product that needs to be sold at below cost to attract buyers.

[QUOTE="BobHipJames"][QUOTE="Ontain"][QUOTE="BobHipJames"]

These guys, literally, they took old, cheap technology, modified it slightly (keep in mind all this stuff is insanely basic, there are virtually no R&D costs associated with it), made it cool and efficient, then threw it on the production line.

Ontain

you don't know the R&D costs associated so please don't talk about them. as for what taking cheaper components and many them into a new experience, that's what most things are. food, art, anything from china, etc.

I promise you that the entire console didn't cost as much as the R&D associated with and ongoing with the Cell processor or Blu Ray, taken alone.

don't blame nintendo for not creating a product that needs to be sold at below cost to attract buyers.

You're right. Let me instead adopt groveling position and buy 30 Wiis in tribute.

[QUOTE="Nickman71"][QUOTE="BobHipJames"][QUOTE="Nickman71"]

You seem to think Nintendo making a profit since day one is a bad thing. Sorry, but selling your console at a loss is not a viable economic model unless you can subsidize your console division, like Sony and MS. This was not an option for Nintendo. They HAVE to sell their consoles at a profit in order to survive.

BobHipJames

Oh, boo hoo, the leader of the videogame market has to sell at a profit or they'll never get by....oh, please.

Wii+DS will sustain them til the end of their days. Sony's still kicking and Nintendo just blazed past them.

That was one of the most ridiculous things I've ever read on system wars.

Are you comparing Sony, a company with movie studios, a gaming division, music division, computer division, ect, to Nintendo, who ONLY makes games and consoles? (Although, ironically, Nintendo is worth more than all of Sony!)

Self-owned.

How was I self owned? You realize Nintendo wasn't making all this money before the Wii came out.

If they had launced it at a loss, they would be still be smaller than Sony and probably on the verge of financial collapse.

[QUOTE="Ontain"][QUOTE="BobHipJames"][QUOTE="Ontain"][QUOTE="BobHipJames"]

These guys, literally, they took old, cheap technology, modified it slightly (keep in mind all this stuff is insanely basic, there are virtually no R&D costs associated with it), made it cool and efficient, then threw it on the production line.

BobHipJames

you don't know the R&D costs associated so please don't talk about them. as for what taking cheaper components and many them into a new experience, that's what most things are. food, art, anything from china, etc.

I promise you that the entire console didn't cost as much as the R&D associated with and ongoing with the Cell processor or Blu Ray, taken alone.

don't blame nintendo for not creating a product that needs to be sold at below cost to attract buyers.

You're right. Let me instead adopt groveling position and buy 30 Wiis in tribute.

You're missing the point.

Nintendo is selling their console at $250, and they continue to outsell their rivals and sell through their shipments.

What reason could they possibly have for lowering the price any further? It won't allow them to sell any more consoles.

People are buying the wii for $250. Many people. Like a half million every month. So it must be worth it. If people wern't buying it, it would drop in price. The PS3 was not worth $600. People were not buying it. So now it's $400. We'll have to wait and see if it's worth that much.

This is how the world works. Get over it.

[QUOTE="Ontain"]

first, you're talking about price not worth. worth is a subjective thing.

second, price is always because of supply and demand. it doesn't matter if the components are more or less. it's the whole that counts. ppl pay more then the cost of the components and labor for almost everything.

third, it doesn't matter what the competition has or what price it's at if the demand for the competition isn't as great. look at the ps2. it's competition was cheaper and more powerful. but ppl didn't want them as much. now you can talk about games as well but that is part of the experience of owning the system. at this point it's clear ppl like the wii experience. they like it so much that they will buy the wii at 250 or more as well see on amazon.

BobHipJames

That doesn't mean they should. I don't need an explanation on why the Wii's price is so bloated. In fact, at this point, I just want someone to acknowledge that it's bloated.

technically they would have to sell it at a price that best fits economically because they are a corporation and are legally bound to do what is in the best interest of the stock holders. so what they should do is what every business would do. it's what the ps2's been doing for years.

the wii's price is fine. it's the others that went overboard and have no choice but to discount in order to stay competitive. there's no doubt that the wii is sold for over cost but i don't see how that's any different than 99% of everything we buy.

[QUOTE="BobHipJames"][QUOTE="Nickman71"][QUOTE="BobHipJames"][QUOTE="Nickman71"]

You seem to think Nintendo making a profit since day one is a bad thing. Sorry, but selling your console at a loss is not a viable economic model unless you can subsidize your console division, like Sony and MS. This was not an option for Nintendo. They HAVE to sell their consoles at a profit in order to survive.

Nickman71

Oh, boo hoo, the leader of the videogame market has to sell at a profit or they'll never get by....oh, please.

Wii+DS will sustain them til the end of their days. Sony's still kicking and Nintendo just blazed past them.

That was one of the most ridiculous things I've ever read on system wars.

Are you comparing Sony, a company with movie studios, a gaming division, music division, computer division, ect, to Nintendo, who ONLY makes games and consoles? (Although, ironically, Nintendo is worth more than all of Sony!)

Self-owned.

How was I self owned? You realize Nintendo wasn't making all this money before the Wii came out.

If they had launced it at a loss, they would be still be smaller than Sony and probably on the verge of financial collapse.

I didn't ask that they launch it at a loss. Hell, if it was $15 cheaper, I wouldn't have made this thread.

Yes, Nintendo has always been the underdog. Always. They crawled out of the woodwork with this newfangled Wii. Forget Gameboy, Gameboy Color, Gameboy Advance, and the meteoric Nintendo DS. Forget all of it, and maybe, MAYBE, if I strain my eyes and drink a lot of alcohol, you'll have a point.