Nintendo has no plans to slash price of Wii

Recently Microsoft and Sony slashed prices of their gaming devices Xbox 360 and PlayStation 3 consoles, giving birth to speculations that their recent move will make their peers to follow suit.

Microsoft slashed the retail price of Xbox 360 by £30 to £199.99, while Sony hacked the retail price of its PlayStation 3 to £249.99.

Now Nintendo is expected to respond to the price cuts by its rivals. But Nintendo is still silent regarding its future plans. Nintendo's Wii is available with a price tag of £189.99.