Nintendo president and CEO Satoru Iwata has expressed some concern that gamers may wait for a Wii U price cut before buying, following the company's recent slashing of the 3DS price. This comes months (if not more than a year) before the new console hits stores.

"With regard to the influence on the Wii U, what we have to take most seriously is that the price markdown could damage the trust of the consumers who bought the Nintendo 3DS just after the launch," Iwata said.

"I feel greatly accountable for it. Our decision of the price markdown this time has a side effect that, at the launch of the Wii U, people may feel that the price might drop in the near future if they wait.

"Nevertheless, we have decided to cut down the price of the Nintendo 3DS as we consider it as a necessary decision now."

Nintendo hopes it will be able to "recover the consumers' trust before the launch of the Wii U".

Iwata also revealed that a price and date for the Wii U will be announced next year.

"Since the Wii U we showed you at the E3 show in June was still in the development phase without very specific proposals on the software titles, we are going to announce the release date and the price next year when we are able to explain the specific proposals. Anyway, the biggest influence is on our consumers' trust, I think."

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