Here is a quick lesson:
- More buyers than product = Price gets higher or stays the same
- Less buyers than product = Price gets lower
Fortunately, Nintendo isn't raising prices although I'm betting they could and still sell a lot of product.
Until there is more Wii and DS product than there are buyers, there won't be a price cut and Nintendo will reap whatever rewards there are in the way of reduced manufacturing costs. Looking at their recent profits, I think they are being rewarded well. As a Wii owner, that's fine by me. I want companies making games for this thing for a long time from now.
Speaking of supply and demand, this Calvin and Hobbes comic is great. It has nothing really to do with this but I needed to link to it somewhere and this seemed a good place!
