Nintendo Cuts Wii to $200 in Price War With Sony

Console maker slashes price at opening of Tokyo Game Show
By Jason Farago,  Newser Staff
Posted Sep 24, 2009 8:24 AM CDT
A visitor plays Nintendo's Wii during a Tokyo Game Show 2009 in Makuhari near Tokyo, Japan, Thursday, Sept 24. 2009.    (AP Photo/Koji Sasahara)
camera-icon View 2 more images

(Newser) – Nintendo is slashing the price of its Wii console by 20% worldwide, bringing the US price to $200—a cut announced just as Sony was beginning its presentation at the annual Tokyo Game Show. The prices of Sony's Playstation and Microsoft's Xbox were both dropped to $300 lately as the video game market endures its worst period in years. Nintendo's new price goes into effect on Sunday.