Lack of "big titles" to blame for decline in Wii sales, says Iwata
Not much talk of a price cut going on.
Nintendo president Satoru Iwata has explained what he thinks is to blame for the current slowdown in Wii sales.
Speaking to investors (as reported by Kotaku), Iwata said, "It's not the case of the quality of hardware moved, the feeling of missing strong competitive power, lacking its luster or poor sales.
"Consistently, big time titles will be released in the marketplace for this hardware. When that stops, to reinvigorate the console, or to put it another way, I think the current decline in hardware sales is due to the fact that there aren't many big titles (at the moment)."
So what's Nintendo going to do about it? Cut the price of the Wii, perhaps? "Right now there aren't a lot of discussions going on about what exactly to do about hardware pricing," Iwata said. Oh.