From August 12th, Nintendo will cut the price of its 3DS gaming console from $249 to $169 in the United States after a amid disappointing sales. The company reported 50% drop in sales for first quarter(Q1) 2011(April-June) — Nintendo as a result has suffered a loss of around $328 million and has been forced to reduce its expected net profit from 1.4 billion to $257 million.

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If you have already bought Nintendo 3DS, don’t get too disappointed because the existing customers will get 10 free NES virtual console games for FREE from September 1st. In addition to that, 10 more Game Boy Advance virtual console games will be given away before the end of the year. 😉

Paying extra 80$ for 10 Game Boy Advance games is a fair deal? Let us know in comments.