Don’t expect to score a discounted Wii anytime soon.

Reuters is reporting that Nintendo isn’t planning any price cuts for the console or the DS handheld. In other words, both are still high in demand, so why make them more affordable?

“Our earnings projection for the year is not based on hardware price cuts, and I don’t think we are going to need them,” Nintendo President Satoru Iwata said today.

While Sony and Microsoft both announced price cuts in the past, Nintendo’s console still remains the biggest bargain on the market—if you can find one. Stores still are not fully stocked with the Wii unit.

Nintendo recently announced (via WSJ.com) almost a 48 percent net profit, mostly due to Wii and DS sales. The company says it also plans to increase monthly production on the Wii, from 1.8 million to 2.4, by summer.

Rachel Cericola - Contributing Writer

Over the past 15 years, Rachel Cericola has covered entertainment, web and technology trends. Check her out at www.rachelcericola.com.