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There's some simple math, here.
Nintendo was overloaded with unsold units. They halted production and dropped their price by 33%.
They need to sell150% what they were selling before to meet the same--unsuccessful--level of revenue they had before.
So the real question is, how much DID this boost their sales, month over month, normalized for seasonal effects? If it was like 5 times the sales after the price drop, then it was a good business decision.
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