Sorry, no Wii price cuts anytime soon

I hope you weren’t looking forward to a Wii price cut in time for the holidays because it looks like it ain’t gonna happen. Nintendo big wig George Harrison said that the company is still selling “everything [it] can make,” so there’s no reason for a price cut. Apparently $250 is the sweet spot for enough people (or maybe the people who are buying the Wii—older folks with plenty of disposable income—have no problem spending $250 on a toy) that it’s still selling well.

Remember when we all used to tease Nintendo for choosing the name “Wii”? I guess people love their Wii Sports.

Nintendo says to keep Wii console price at $249 [Reuters]