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Wiis cost 45% less to make while Nintendo raises Euro costs photo

Just in case you felt you haven't heard enough about how Nintendo has way more money than you do, let it be known that Wiis now cost 45% less to manufacture than they did at launch, meaning that the Big N is raking in more cash than ever before. Shigeru Miyamoto is now rumored to be having both of his eyes replaced by precious emeralds that shoot lasers. Just because he can.

Logically, this means that Nintendo can easily have a price cut without breaking a sweat. In the real world however, Nintendo is actually jacking up the trade price in Europe, pretending it can't afford to keep the prices the same. I find it quite amusing that European retailers are paying more to purchase the Wii, when they are costing 45% less to make. Greed is good, my friends. Greed is good. 

Not that one can really fault Nintendo. People will keep buying, so Nintendo has no incentive to drop. Still, this should give you a good idea of how many dollar bills Reggie uses to light the cigars he had rolled on the thighs of young Indonesian virgins.

A lot. 








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30 comments | showing # 1 to 30
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Jonathan Ross's Avatar - Comment posted on 04/06/2009 22:32
Jonathan Ross
Not that Nintendo isn't out to make money, but I'd argue this has a lot more to do with certain European retailers cutting their prices to ridiculous levels and using the Wii as a loss leader so anyone outside the major chains can't compete as opposed to pure unadulterated greed.
eternalplayer2345's Avatar - Comment posted on 04/06/2009 22:36
eternalplayer2345
Life is such a hurricane, here in duck berg!
Racecars, lasers, airplanes!
It's a duck-blur!
Jack Maverick's Avatar - Comment posted on 04/06/2009 22:37
Jack Maverick
I'm really interested in seeing how big a castle Nintendo could make out all their dollar bills. I'd imagine it would be bigger than Disneyworld. Like tons bigger. Then Nintendo would charge us to visit that place.

The money-making process never ends for them.
mr spooky's Avatar - Comment posted on 04/06/2009 22:47
mr spooky
Golden shower.
pascuz46's Avatar - Comment posted on 04/06/2009 22:50
pascuz46
Why the hell not, make alot of money now so that way when your stock plummets like many companies are experiencing now, it wont be that bad for management.
Corak's Avatar - Comment posted on 04/06/2009 23:05
Corak


Greed is definatly good.
Daxelman's Avatar - Comment posted on 04/06/2009 23:12
Daxelman
I'd sure like to be working for Nintendo right now...
KaL YoshiKa's Avatar - Comment posted on 04/06/2009 23:31
KaL YoshiKa
I'm sorry I apologise in advance for giggling at the term "Queer Money"
comradetrotskii's Avatar - Comment posted on 04/06/2009 23:34
comradetrotskii
Yamauchi would be proud.
Chronic Logic's Avatar - Comment posted on 04/06/2009 23:36
Chronic Logic
What exactly does Nintendo do with all that money?
gamadaya's Avatar - Comment posted on 04/06/2009 23:41
gamadaya
@Johnathan Ross:
So what will change now, other than the Wii being more expensive for consumers and more profitable for Nintendo?
comradetrotskii's Avatar - Comment posted on 04/06/2009 23:46
comradetrotskii
Chronic: The Scrooge McDuck Money Bin isn't far from the truth. Last figure I saw put their cash reserves at over $10 Billion.
Atlas's Avatar - Comment posted on 04/06/2009 23:49
Atlas
Capitalism is a fine system we have here. Exploitation? Never heard of it....
Jesus H Christ's Avatar - Comment posted on 04/07/2009 00:37
Jesus H Christ
@Atlas: This is where people stop supporting Nintendo with their dollars if they don't like the way they run their business, dummy.
hpv's Avatar - Comment posted on 04/07/2009 01:08
hpv
Sound about right. Nintendo is charging me $75 for repairs after I bricked my Wii, and there's no way that they'd be willing to lose money on the transaction since I'm out of warranty. Probably should have just bought a copy of Dokapon Kingdom for PS2 though, since that's about the only thing I see myself playing on Wii anytime soon.
Kyousuke Nanbu's Avatar - Comment posted on 04/07/2009 01:41
Kyousuke Nanbu
@Chronic

Research for their next gimmick.

And where's the outcry for this? If this had been MS this topic would have 200+ posts of people saying what greedy fucks MS is.

Oh right, Nintendo gets a free pass, I keep forgetting that.
hpv's Avatar - Comment posted on 04/07/2009 02:47
hpv
@Kyousuke Nanbu: I think it can be safely stated that the only console manufacturer that hasn't acted like a bunch of greedy bastards this generation is Sony. Those guys could build two-and-a-half Wiis for how much they've lost on each of the PS3s they've sold. In comparison to the others they're downright generous.
Rucksack's Avatar - Comment posted on 04/07/2009 03:51
Rucksack
Just because it's cheaper to make doesn't mean that the Nintendo has to pass along the savings. Until consumer demand drops off, we're not going to be seeing a significantly beneficial changes to price structuring.

We really have only ourselves to blame. If the general public stopped snatching them up, then we'd see a price drop.


@HPV

They're not being generous. The Playstation 3 simply would not sell at a higher price-point.
Maurice Tan's Avatar - Comment posted on 04/07/2009 04:03
Maurice Tan
European retailers don't discount the Wii AT ALL Mr. Ross! If they ever do, it is like 229 instead of 250 euro or some shop-wide 10% discount. Raising the prices for the Wii is a good way to make ppl go "well, fuck you company tho does this" for a long time. Which is good, because I haven't played a great Nintendo game in 20 years?
Cowboy TTop's Avatar - Comment posted on 04/07/2009 04:42
Cowboy TTop
Professor is right.

We never ever see Nintendo consoles discounted at all in U.K/europe, just the games. This really rives me insane and has done so for many years, that I remember back when the SNES was out and in its last year, Nintendo were still asking to much for one.

They do the same thing with the DS. Now that the DSi is out, the DS Lite should see a significant drop in price to shift the last of them. But alas, no, Nintendo keep the price artificially high. This is why I ended up buying a pre-owned DS Lite in the end, for £60 on ebay.

Sony are just as bad. The PSP 1000, should be costing at least half price by now, as its been out for a few years, and been upgraded in model THREE times. But again, we get stung on price again. As for PS2 and 3, same kind of story, different name.

What's happening with Wii is no surprise to me at all, seen it all before, and unfortunately price is part of the reason I don't own one yet.
Oolong's Avatar - Comment posted on 04/07/2009 05:02
Oolong
QUEER MONEY.
Half left's Avatar - Comment posted on 04/07/2009 05:32
Half left
I am disappointed, but no longer surprised.
Mr Wrighty 987's Avatar - Comment posted on 04/07/2009 06:00
Mr Wrighty 987
Queer Money.... uh Wut?
Drach's Avatar - Comment posted on 04/07/2009 06:16
Drach
Wow, Nintendo. Some of us eat ramen for lunch and dinner so we can purchase games and you actually do (pardon my language)FUCKING SHIT LIKE THIS?
No wonder I refuse to buy a Nintendo produced Wii game.
Oh, and screw your DSi, Nintendo.

On a lighter note: Jim's using VGChartz.com as a source?! haha neat. Someone scolded me for using it as reference one time. \m/ Jim gets props.
masterninja's Avatar - Comment posted on 04/07/2009 06:29
masterninja
LOL well Its nintendo so if the Wii was worth owning for me I would have gotten on at launch...

So I won't be losing any sleep over it...It seems to fit with their screw you atitude...
daysocks's Avatar - Comment posted on 04/07/2009 06:29
daysocks
Well, fuck you Nintendo. You'll get no more of my cash, and I'll tell every single one of my friends about this fuckery so you don't get any more of theirs either.

I'd rather stick with my bum DS than buy a new one if they pull this crap. Us Europeans get the shitty end of the stick anyway, and now they're trying to rape us with it?

No more.
Narishma's Avatar - Comment posted on 04/07/2009 07:02
Narishma
As some commenters already pointed in that old story, the trade price was only upped in the UK, not Europe.
Markusdragon's Avatar - Comment posted on 04/07/2009 07:21
Markusdragon
I'm as mad as hell, and I'm not sure I'm willing to take it any more.
Nicojay2's Avatar - Comment posted on 04/07/2009 11:48
Nicojay2
This is great news. All of looking to sell our dust collecting Wiis can get a better price for it now.
Nicojay2's Avatar - Comment posted on 04/07/2009 11:49
Nicojay2
*us* looking to sell... grrrr EDIT function please.
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