Kithkarnon said:Nintendo missed the sweet spot pricing for this handheld. I think you will find that sales will actually suffer a bit with the unit at this price point.
Par for the course for a new release. You charge high to capture the Early Adopters, who will buy anyway.
It's silly to move into Discount Territory straight off the bat when the hype is so high. From a business perspective it makes no sense.
Make extra money while demand is high and people are in a frenzy at the new product your company is releasing (and all those fancy ads you paid for are whipping them up into a frenzy), then reduce the price (or introduce more bundles and colour choices and re-designs) as demand starts to die down - and only when it dies down.
Nobody is claiming this price will remain fixed forever, so sales won't suffer. Nintendo will do what they need to do to move units when the time comes, just like any company does.