Feeds

Poor pound ups Wii's trade price

Gamers facing ten per cent price hike

Securing Web Applications Made Simple and Scalable

UK gamers could soon be forced to fork out a little extra for a new Wii, if Nintendo’s recently upped trade price for the console is passed on to consumers by retailers.

The gaming giant told website MCV that the current economic environment has forced it to up the price it sell the Wii to UK retailers for. It’s rumoured the price paid by traders could increase by about £16.50, or £18.98 ($26/€20) including VAT.

“Due to the severe and continuing depreciation of the pound, we are, unfortunately, having to raise our trade price to UK retailers of Wii hardware,” a Nintendo UK spokesperson said.

If traders are hit with a £19 increase in the cost of a Wii and that rise is subsequently passed to consumers, then the average cost of the console would rise from around £180 to £199 ($274/€215) - an increase of just over ten per cent.

Whether retailers will pass the price hike on remains to be seen, but consoles already carry notoriously narrows margins as it is – making the possibility of a Wii retail price rise all the more likely. ®

Application security programs and practises

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
For Lenovo US, 8-inch Windows tablets are DEAD – long live 8-inch Windows tablets
Reports it's killing off smaller slabs are greatly exaggerated
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
Cheer up, Nokia fans. It can start making mobes again in 18 months
The real winner of the Nokia sale is *drumroll* ... Nokia
Seventh-gen SPARC silicon will accelerate Oracle databases
Uncle Larry's mutually-optimised stack to become clearer in August
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.