Major Retailers Cut the Price of the Nintendo Wii

Following rumors that a price drop was on the cards, major retailers have dropped the price of Nintendo’s Wii console.

Last week, rumors did the rounds that Nintendo would be dropping the price of the Wii to $150 on May 15. However, it seems some retailers are eager to get a head start on sales and are selling off cheaper Wiis already.

Joystiq reports that, as of this past weekend, several major retailers are selling the Wii for $169. So far Target, Best Buy, GameStop, and Toys ‘R’ Us are all offering the $30 discount with various bundles.

Though many big name retailers are selling Wiis for less than the regular $200, it’s not an official price drop. However, Nintendo is expected to drop the MSRP to $150 in a few week’s time. Scheduled for May 15, the price cut would come into effect roughly three weeks before E3, where Nintendo is rumored to be launching an all new version of the Wii. Expected in 2012, the device is said to support HD and the controller will apparently sport an integrated HD display.