NEW YORK — A $50 price cut may be imminent for Nintendo’s popular Wii gaming console. Tech blog Engadget said in a posting late Tuesday that the Wii, which has cost about $250 since its 2006 launch, will see its price drop to $200 beginning Sunday.
Engadget posted what it said was a leaked memo from electronics retailer Best Buy. Representatives of Nintendo did not immediately return phone messages left Wednesday by The Associated Press. Best Buy declined to comment.
Speculation about a price cut has grown after the Sony and Microsoft reduced prices on their systems in August. Such cuts are customary for the video game industry after the systems have celebrated a birthday or two because they help lure in mass audiences who don’t want to spend large chunks of cash on them. The Associated Press
