
With the Wii experiencing a bit of a dropoff in the past year, Nintendo has started deploying standard tactics like price drops to stimulate demand. So far, it seems to be working, as the Wii has reportedly seen a nice increase in week-to-week sales since dropping to $199.
According to executive vice president of sales Cammie Dunaway, Wii sales up 85 percent on a weekly basis thanks to the price cut. She said that the Wii is in a “good position” for the holidays (via the San Francisco Chronicle).
Wii sales are down overall, dropping 43 percent from April to September. However, it was the top-selling console in October, moving some 506,900 systems.
<p.
Nintendo executives reportedly dismissed concerns about the platform, saying that it has the legs to compete "for years." Dunaway also pointed to Nintendo's record-setting 2008, suggesting that a overall drop in sales was inevitable.