As reported by Nintendojo, a "retailer conference call" has confirmed a Wii price cut for September 27.
"Nintendojo can now confirm that such a cut is indeed coming," said the site. "Wii will be reduced to $199, effective Sunday, September 27th, and will likely include retailers nationwide."
Both Sony and Microsoft recently lowered the cost of their current hardware bringing the new PlayStation 3 Slim to $299.99 and the Xbox 360 too as follows:
· Xbox 360 Elite - $299.99 (was $399.99)
· Xbox 360 Pro - $249.99 while supplies last (was $299.99)
· Xbox 360 Arcade - $199.99 (same as old price)
Screenshot courtesy of Kotaku