Hot on the heels of a temporary drop to $199.99 at several major Canadian retailers (including Best Buy and Wal-Mart), and coinciding with the release of Nintendo's latest quarterly results, slashing their profit forecast for the year by a whopping 82%, Nintendo announced today that they're dropping the price of the 3DS effective August 12 to $169.99 USD.
For those of you keeping track at home, that’s almost a third of the price gone. In unrelated news, thank goodness for price protection policies. Early adopters get a bunch of free NES and Game Boy Advance games from Nintendo’s Virtual Console service.
If you’ve bought one already, is that enough to placate you in the face of an unprecedented price drop? If you haven’t bought one already, will this convince you? And in general, is Nintendo now facing a turnaround in fortune rivaling that of Sony upon the release of the PS3?