Wii price at $299.99 USD

[Crash]

What we heard: Gamers slurping down Big Gulps, Big Bites, or other economy-sized junk food may have noticed something peculiar at their local 7-11. The convenience chain is giving away 711 Nintendo Wiis as part of a promotion with its Slurpee frozen drinks.

Checking out the contest's official rules and regulations is likely to induce gamers to do their own big gulp. In the list of prizes and their values, the site shows the Wii as having an ARV (approximate retail value) of $299.99,

"November 1, 2006 through January 31, 2007 the following Instant Prizes will be available to be won: (711) Nintendo Wii, ARV: $299.99 USD ($399.99 CDN) each..."

http://www.gamespot.com/news/show_blog_entry.php?topic_id=24867981&sid=6155289

http://img132.imageshack.us/img132/1694/38cc.gif

[BreakABone]

Well this can't be true.. Nintendo themselves said don't expect it to be higher than 250.

[Jonbo298]

That must be a mistake. Nintendo would not shoot themselves in the foot to make the Wii $300.

[GameMaster]

Even if it is $300, that's not a big deal. I'll gladly shell out $300 for a Wii. And it's still less than the other two consoles.

[BlueFire]

Even if it is $300, that's not a big deal.
Yeah, okay. If I didn't do that for a ps2 last generation, I'm not going to start now.

[Dyne]

Well of course they're going to want to exaggerate the prizes and their estimated cost, that's what makes you want to be in the contest more.

[Professor S]

Even if it is $300, that's not a big deal. I'll gladly shell out $300 for a Wii. And it's still less than the other two consoles.

Well actually its the same price for the 360 minus hard drive, meanwhile the Wii can only perform a little better than the original Xbox (reportedly). Yeah, big mistake if this price point is true.

Wii's advantage was that is was supposed to be the cheaper alternative. I wouldn;t call $300 "cheaper" to the point that it would be a marketing advantage.

Also, what do you think the 360 price w/HD is going to be by the time the Wii and PS3 are launched? I smell a price drop coming by that time. The Wii will still sell internationally, especially in Japan where it has a large loyal fanbase, but once again Nintendo doesn't really care to dominate the western market anymore. They are quite happy to be a niche third place, while profiting on each game not taking a beating on each console sold. Makes economic sense.

Then again, this is if the $300 pp is accurate by launch time. If manufacturing costs drop by then I expect it to fall.

[Xantar]

Let's see...

7-11 is holding a promotional contest. The idea of the contest is you might get a freebie if you drink a Big Gulp or eat a Big Bite which are food specialties of the chain. One of the freebies is supposedly a Wii.

Is it in any way possible that 7-11 might have an incentive to exaggerate the value of a Wii in order to make it look like an even better prize? I'm just saying.

[KillerGremlin]

I agree with Xantar.


Buttt...if Nintendo is silly enough to charge 300, well then the Wii is going to have to make me toast. I'm just saying...

[Dyne]

Let's see...

7-11 is holding a promotional contest. The idea of the contest is you might get a freebie if you drink a Big Gulp or eat a Big Bite which are food specialties of the chain. One of the freebies is supposedly a Wii.

Is it in any way possible that 7-11 might have an incentive to exaggerate the value of a Wii in order to make it look like an even better prize? I'm just saying.

Hey that sounds like a grea- Oh wait, I just said that above you.

[KillerGremlin]

I also agree with Dyne and would like my Wii to also make coffee with the toast.

[Xantar]

Hey that sounds like a grea- Oh wait, I just said that above you.

I know. And now I got half of the credit for saying it. :D

[Stonecutter]

Well actually its the same price for the 360 minus hard drive, meanwhile the Wii can only perform a little better than the original Xbox (reportedly). Yeah, big mistake if this price point is true.

Wii's advantage was that is was supposed to be the cheaper alternative. I wouldn;t call $300 "cheaper" to the point that it would be a marketing advantage.

Also, what do you think the 360 price w/HD is going to be by the time the Wii and PS3 are launched? I smell a price drop coming by that time. The Wii will still sell internationally, especially in Japan where it has a large loyal fanbase, but once again Nintendo doesn't really care to dominate the western market anymore. They are quite happy to be a niche third place, while profiting on each game not taking a beating on each console sold. Makes economic sense.

Then again, this is if the $300 pp is accurate by launch time. If manufacturing costs drop by then I expect it to fall.

I don't think you'll see a 360 price drop until 2007. Even with two competitors, at the 300/400 price point, they're still going to sell out at Christmas. Why drop the price?

[Perfect Stu]

no chance the official pricepoint will be $299.99 (the CDN conversion rate is ridiculous too...33% extra?)

Im guessing US$249.99 and CDN$299.99...at the most

[BreakABone]

I already stated in this thread...


Nintendo plans on releasing its new Wii console in Japan and America for a price that "will not exceed" 25,000 yen or $250 USD, the company announced today. Specifically, the company made clear that it's not considering a price above these points.


http://wii.ign.com/articles/710/710088p1.html

[Null]

I don't think you'll see a 360 price drop until 2007. Even with two competitors, at the 300/400 price point, they're still going to sell out at Christmas. Why drop the price?


well rumors have been suggesting a 360 price drop before christmas... something about because of the cost of production going down.

i honestly could very easily see MS droping the price (even if its only $50) when PS3 is released. and that would be the best time for them to do it.