Tuesday, September 23, 2003
This is an update to the story we broke first yesterday.
Pictures of Best Buy and Wal-Mart's future ads leaked across the internet last week of the Gamecube dropping permanently to only $99 from $149.99.
Analyst financial groups are erroneously reporting that Nintendo will lose money on hardware when in fact, Nintendo is still making money on the Gamecube even at $99. This is a task Sony and Microsoft still don't have a good formula for.
This comes as no surprise as Nintendo is trying everything under the sun to get more market share to outdo Microsoft's Xbox. There is no word on a price drop for the Gameboy Advance SP, which will remain $99.99 if no price drop is scheduled.