Iwata Cuts His Salary In Half Due To 3DS Price Drop

As we have all heard, Nintendo is dropping the price on the 3DS in August. That being said, Iwata and some others from the big N will be taking a dive on their salaries.

Iwata

Nintendo president Satoru Iwata is taking responsibility for poor 3DS sales by cutting his own salary in half. The price of 3DS will also be slashed down to $170.

“For cuts in fixed salaries, I’m taking a fifty percent cut, other representative directors are taking a 30 percent cut, and other execs are taking a 20 percent cut,” said Iwata.

Iwata’s salary is said to reach $2 million a year. The pay cut will mean he’ll need to survive off of $1 million. Jokes aside, I think it’s noble of Iwata to take such a large pay cut, he certainly doesn’t have to.

Nintendo hopes the decision to cut the 3DS’ price will result in more sales. “We decided that if we take brave measures now, there’s high likelihood that a many players can enjoy the Nintendo 3DS in the future,” Iwata added.

Will the price cut convince you to buy a 3DS?

Looks like Mr. Iwata is taking a dive for the big N, along with some other Nintendo staff. One can only hope that this 3DS price drop will be enough to get Nintendo by until the Wii U comes out.

link from G4TV.com

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About NintendoWiiBoy
I am a BIG time Gamer. I love everything about them, and I kinda live for them. I also own my own website.

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