Iwata: No DS price cut this year

Well, we would think so, since the current price point of $129.99 seems to be far too small a hurdle to leap for those thinking of purchasing the handheld system. Nintendo is rolling in the dough, so if it ain't broke, don't fix it, right?

"Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them," said Iwata. And we can't blame them, as demand for the Wii and DS looks like it could only be curbed by the announcement of a new handheld and console. Until that happens, it looks like consumers will need to get used to the price tag on each system, as well as not seeing them on shelves while shopping.

[Via Joystiq]

Tags: business, cutman, price, price-cut, shortages, stock

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