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Posted at 11:43 AM ET, 04/13/2011

Report: Nintendo will cut Wii price to $150

In August, Nintendo announced that it had sold 30 million Wii console units in the United States since the product's launch in 2006, making it the fastest-selling console of all time. (Nintendo)
Citing an anonymous “trusted source,” Engadget is reporting that Nintendo may cut the price of the Wii to $150 on May 15.

The report hedges a little on how much trust it places in its source, and so should you. A price cut would make sense for the Wii as it loses some of its market share to its competitors, but Engadget makes a good point in saying that it’s strange timing for a discount.

Nintendo did not immediately respond to a request for comment on Wii pricing.

Rumors have been flying that Nintendo will release a next-generation Wii at the Electronics Entertainment Expo, or E3, in June, but it would make sense for the company to announce a price cut then as well.

The leading console currently sells for $199 after a $50 price cut in the fall of 2009.

Are there any holdouts out there who would be interested in a $150 Wii? Or have you moved on to other consoles?

Related stories:

Is Nintendo slipping in the console wars?

Nintendo breaks European sales records with 3DS

Nintendo announces 3DS game lineup for U.S.

By  |  11:43 AM ET, 04/13/2011

Tags:  Gaming

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