Nintendo drops Wii U price, unveils new handheld

Faced wii-u-price-dropwith miserable sales and looming competition, Nintendo has finally lowered the price of its next-generation console.

Effective September 20, the Wii U Deluxe Set will see its retail price drop $50 to $299.99. Nintendo also plans to include The Legend of Zelda: The Wind Waker HD with the system in a limited edition bundle.

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Despite troubles, Sony sees life in the PlayStation Vita

The obituaries started for the PlayStation Vita before the device even went on sale in the U.S. Some critics called it “overly expensive.” Others noted the odds of a dedicated game system succeeding in a smartphone world were formidable.

Three and a half months down the road, those critics haven’t let up — even as Vita sales have topped 1.8 million. And it’s not hard to see why.

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Opinion: It’s time for Sony to consider a Vita price cut

A rapid price cut helped Nintendo save its 3DS handheld, and maybe it’s time for Sony to do the same with its PlayStation Vita, says Gamasutra editor-at-large Chris Morris.

I feel bad for Kaz Hirai.

The new CEO of Sony has plenty on his plate these days. He recently announced plans to cut 10,000 jobs. He has the mighty task of reviving Sony’s once-powerful brand name. And he’s doing all of this as angry investors and skeptical analysts watch critically from the sidelines.

Nintendo slashes 3DS price to $170

Faced with horrendous earnings and ongoing weak demand, Nintendo has dramatically lowered the price of its 3DS handheld system just four months after the system hit store shelves.

Starting Aug. 12, the company will drop the price of the 3DS from $250 to $170 — a move it hopes will spark flagging consumer interest and lay the groundwork for a strong holiday season.

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It’s official: PSP Go discontinued

The PSP Go is PSP Gone.

After a flurry of rumors Tuesday, Sony has confirmed that the PSP Go’s life is coming to an end. The company plans to stop production of the handheld device that relies solely on downloadable content, opting instead to focus on the upcoming NGP – Next Generation Portable.

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Reports: PSP Go production halted

On paper, the PSP Go seemed like a great idea: A slick portable gaming device that let players download titles digitally without having to visit a retail store.

In reality, though, it hit just about every imaginable stumbling block. As a result, the system failed to catch on with consumers — and now it appears it’s going away for good.

Read more at Yahoo! Games