Nintendo president Satoru Iwata has been talking to reporters again, revealing a number of things about Wii's future prospects.

  • A gift-giving feature will allow Wii owners to send games to each other via the Wii Shop Channel
  • Price cut absolutely not being considered—focus is on how to meet demand
  • Wii Fit expected to buoy future sales
  • Wii expected to launch in China next year

Nintendo Rules Out Wii Price Cut (Associated Press)