Price Cut Move Works Well for Nintendo 3DS

Nintendo 3DS was launched with much fanfare, however, later the handheld gaming console failed to meet the expectations. Consumers had plenty of complaints against the console ranging from paucity of gaming titles to headache and nausea due to 3D content. Well, finally the company had to come up with the magic formula of price cuts and good for Nintendo, the move worked. Nintendo reported 260 percent increase in its sales after the price drop. The device is now priced roughly in the $170 range, down from its original price of $250.

However, it is not only Nintendo that had to resort to price cut, but Sony also had to do the same thing with its PS3 in order to boost the sagging revenue. Sony dropped the price of its console by $50 in Europe and the US. Nintendo also said that the release of new gaming titles such as Flame Red Color and Star Fox 64 3D, the console is likely to see even higher demand. The company also said that it will be launching Mario Kart 7 and Super Mario 3D Land later this year.

September is likely to be an exciting month for gamers. In addition to the above Nintendo titles, other games which would hit the market this month would be Gears of War 3 and Resistance 3. Reportedly, Nintendo is currently working on Wii U, which would be the next iteration of Wii. The gaming console was demoed at E3 this year. Though, you can expect to land your paws on this new generation console in 2012. Wii U is expected to come with HD support, though the company did not confirm this feature.