Wii to receive $50 price cut

After months of speculation regarding a possible price cut, Kotaku received a photo from a Toys R Us circular that indicates the Nintendo Wii will soon receive a $50 price cut from $249.99 down to $199.99.

It still hasn't been confirmed yet, but this rumor seems all but true at the moment.

Image courtesy of Kotaku
Image courtesy of Kotaku

The Sony PlayStation 3 recently had a $100 price cut, with Microsoft also announcing a price cut for its Xbox 360 game console.  The Xbox 360 Arcade edition remains the cheapest console currently available, but a Wii price cut would make it the second cheapest console available.

No one was surprised by PS3 and Xbox 360 price cuts, but numerous analysts said consumers would see a Wii price cut before the holiday shopping season.  Even though the popular console has continually outsold both of its rivals, hardware and software sales have been extremely difficult for about a year -- game sales slid for a sixth consecutive month in a row.

Are you interested in paying $199 for a Wii unit?

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