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Wii U Premium priced at £179 at Argos and Amazon

UK retailer slashes £120 off the console's original RRP

UK retailers Argos and Amazon are selling Nintendo's Wii U deluxe edition for £179.99, marking a drastic discount of the system.

Earlier today Argos listed both the black Premium version with Nintendo Land and the white Basic version of the console at the newly discounted price.

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This means a saving of £120 and £70 off their original prices respectively.

Now Amazon has matched it, also listing the Premium Wii U for £179.99.

By comparison, GAME is currently selling the Premium version for £229.99, while even a second-hand one from CeX with no copy of Nintendo Land is currently priced at £200.

Nintendo warned last week that it expects to post a net loss of 25 billion yen (£147m) for the financial year ending March 2014, citing much weaker-than-expected sales of Wii U hardware in particular.

As part of its announcement, Nintendo slashed its annual Wii U hardware sales forecast from nine million units to 2.8 million.

Globally, software for the original Wii still outsells the Wii U's. Meanwhile, the release of Super Mario 3D World - an acclaimed game that was expected to drive sales - has not stimulated the market, with the game failing to pick up meaningful sales in the west.

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