Don't like the 3DS price? Well it's your damn fault!

Nintendo CEO Satoru Iwata explains how Nintendo came up with the 25,000 yen price point.

2010-09-30 19:04 / Anoop Gantayat / 10 Comments

Nintendo CEO Satoru Iwata.

Did you find yourself bubbling with excitement when Nintendo first showed the 3DS at E3 earlier this year? If you answered yes, then you may have contributed to the system's final price.

As reported at Bloomberg, Nintendo CEO Satoru Iwata explained the price decision during an analysts meeting yesterday. Someone suggested that the system's price tag of ¥25,000 yen might be on the high side. Iwata responded that the the price was set by considering a number of factors, including reactions to the system's E3 reveal.

The lesson is, next time Nintendo shows some sweet new hardware, act unimpressed! Please pass the message along to these guys.

Iwata also told analysts that the company's original fiscal outlook was created with the plan to release the 3DS within the calendar year. However, they ended up setting the release to February after considering such areas as supply chains and the product's level of completion.