EXPIRED

Wii Price Change

You know how most consoles manage to drop their price as the years go by, as manufacturing costs begin to fall?

Well, that's still not happened for the Wii. In fact, Nintendo is actually going to increase the price it charges retailers for stocking it by about £20.

It claims it's because of the weak pound and, technically, retailers don't have to pass the increase on... except you know they're going to.

So if you were hoping to buy the Wii when the price drops, it might be a good idea to buy it now before the price increase comes into effect.

9 Comments

hogwash

how is this a 'deal'?

:?

sibrecat;4626624

hogwash



Sadly not see reghardware.co.uk/200…ke/

A wii costs 249 euros in europe. Two years ago that 250 euros at the exchange rate of the day (1.40 euro to the £1) was £180.

Currently the euro is 1.10 to a £1 . At today's exchange rate a 240 euros, a Wii should cost £225.

eek;4626636

Sadly not see http://www.reghardware.co.uk/2009/03/12/wii_price_hike/A … Sadly not see http://www.reghardware.co.uk/2009/03/12/wii_price_hike/A wii costs 249 euros in europe. Two years ago that 250 euros at the exchange rate of the day (1.40 euro to the £1) was £180. Currently the euro is 1.10 to a £1 . At today's exchange rate a 240 euros, a Wii should cost £225.



6 months ago the exchange rate was in excess of US$2.00 to the £1.00

Now it's nearer US$1.40 to the £1.00, yet we've not seen Microsoft increase the price of their Xbox 360 (quite the contrary).

Nintendo have stated that they will be raising the TRADE price, by about £16.50 before VAT, what the retailers do after that is upto them, they will NOT be raising the R.R.P of the console.
this is bad for independent retailers but the multiples and supermarkets will have no trouble in absorbing the jump in price.
hardly worth going in the deals section though, maybe Misc?

Mike..

feed_me_chocs;4626647

6 months ago the exchange rate was in excess of US$2.00 to the £1.00Now … 6 months ago the exchange rate was in excess of US$2.00 to the £1.00Now it's nearer US$1.40 to the £1.00, yet we've not seen Microsoft increase the price of their Xbox 360 (quite the contrary).



Thats because the US exchange rate has traditionally been near $1.60 to the pound, it rising to $2 was unusual.

Additionally Nintendo don't operate in dollars or euros, they operate in yen, which has remained very strong compared to the dollar and pound, which have weakened themselves with repeated interest rate drops (if a currency has a high interest rate, its worth investing in by currency traders).

I'm surprised its only as little as a £16.50 wholesale rise, perhaps Nintendo are absorbing some of the exchange rate difference into their profits, since unlike Sony and Microsoft, they do make a profit on the hardware. Other sectors of Japanese products like photographic equipment have had rises of 15-40% in their retail prices in the past couple of months.

whatsThePoint;4626777

Microsoft have trouble selling the 360 which is why the price is always … Microsoft have trouble selling the 360 which is why the price is always dropping, whens the last time you heard of nintendo having trouble shifting the Wii



Which is ironic because its the worst console, most people I know are bored of them after a week..

whatsThePoint;4627186

OK so list all the fresh ideal games on the 360/PS3 that make them much … OK so list all the fresh ideal games on the 360/PS3 that make them much more interesting



'Fresh' doesn't mean 'Good' or 'Long lasting'

Game of the Year at the BAFTA's?
Super Mario Galaxy, now which console was that on again? oh yeah, only one, the WII!

LOL

Mike..
Post a comment
Avatar
@
    Text
    Top Discussions
    1. Golf DSG GTD Real MPG?34
    2. Chromecast11
    3. Apple Watch Series 3 EE Contract Cost518
    4. Minecraft Foam Diamond Pickaxe - Source?22

    See more discussions