November 01, 2010, 8:47 PM — Research firm NPD Group's ominous predictions about low holiday spending seem a little more real with the news that we're not getting a Wii price cut. We are, however, getting a decent Xbox 360 bundle.
The NPD Group said that consumers are used to seeing 20-25% price cuts during the holidays each year -- but this year, prices probably won't move more than 5%. Nintendo seems to agree; company president Satoru Iwata told investors not to expect an outright Wii price cut during a meeting following Nintendo's low quarterly results report last week.
Instead of cutting prices, Nintendo plans to focus on bundles or in-store deals to make consumers feel like they're getting a discount -- which appears to be Microsoft's strategy with its newest holiday bundle announcement. The new 250GB console bundle comes with Forza 3 and a token for a full Alan Wake game download for the price of $299.99. All this without Kinect, mind you.
Meanwhile, no word out of Sony about any special PlayStation 3 holiday bundles -- though we are trying to find out through official channels. Only 26 days to go before Black Friday.
This article originally appeared on GamePro.com as Yes Xbox 360 bundle, no Wii price cut