A Nintendo spokesperson toldCVG that Nintendo is denying rumors that they plan to cut of the Wii game console from its current price of $249.
On the US price cut rumours and possibility of a Wii reduction in Europe, a Nintendo spokesperson said: "We currently have no plans to cut the price of Wii. Current talk of price cuts is rumour and speculation.
"This is rumour and speculation as Nintendo have made no announcements on price. Furthermore this is most likely retailer led much in the same way retailers in the UK offer price promotions on our products."
Kotaku recently leaked a brochure that shows Toys "R" Us selling the Wii for $199. Analysts have also speculated that Nintendo would cut the price of the Wii following Sony's reduction of the PlayStation 3 price from $399 to $299.
A Nintendo spokesperson 
