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Financial experts have predicted a possible price drop for the Wii, after Nintendo posted its third straight month of sales declines in May.

According to sales data released by Nintendo, 57% less Wii consoles were sold in May this year, prompting many to speculate that a price drop may soon be announced in order to reduce the current price gap between the Wii and its cheaper competitor, Microsoft’s Xbox 360.

A Nintendo spokesperson has been quoted as saying that the company has “no plans to reduce its prices at this time”.

Source: Wall Street Journal