Nintendo has no doubt realized that demand for its hardware is high and supply is not, as it reportedly doesn't expect to bring down the cost of admission for either piece of hardware anytime this year. According to Reuters, Nintendo president Satoru Iwata addressed the possibility of price cuts in an analysts' meeting earlier today.

"Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them," Iwata was quoted as saying.