Nintendo president Satoru Iwata continues to reiterate that the Wii U does not need a price drop to be successful against the upcoming next-gen consoles. In an interview with CVG, Iwata gave the reasoning of the premium bundle selling more than the basic that shows the price is not the Wii U’s main problem.

“The basic version should have sold a lot, but the fact of the matter is that people are buying more of the premium version. So the issue is not there. I understand that the real issue is the lack of software, and the only solution is to provide the mass-market with a number of quality software titles.”

The lack of titles is not the only problem with the Wii U. It is “a” problem, but not “the” problem. The Nintendo problem lies with the software deficiency, the marketing of the system (there are still people who believe the Wii U is a controller add-on for the Wii) and the $350 price tag which is getting harder to justify as we get closer to the PS4’s launch at only $50 more. Nintendo made all the right decisions when it came to turning around the fortunes of the 3DS, yet they seem to be stuck in a Nintendo 64 mindset when it comes to the [amazon_link id=”B009AGXH64″ target=”_blank” container=”” container_class=”” ]Wii U[/amazon_link].