To help push dusty Nintendo Wii's off the shelves, Nintendo is reportedly dropping the price of its console to $149, down from $199.

Citing an unnamed source, Engadget reported on Monday that the new price will take effect on May 15.

A spokesman for Nintendo said, "Nintendo does not comment on speculation or rumor." Engadget pointed to a March interview between Nintendo America president Reggie Fils-Aime and Gamasutra, in which Fils-Aime discussed re-pricing the console.

"The Wii has a long life in front of it," Fils-Aime said. "We're still sitting at $199. There are a variety of marketing tools at our disposal."

In late March, Fils-Aime told CNN that 3D will not be the star feature in the Nintendo's next-generation console, which is expected soon as the Wii turns five years old this year.

The Nintendo Wii, once the hottest console in the U.S., has seen its popularity fizzle somewhat within the last year. In February, Wedbush analyst Michael Pachter said Wii sales had dropped 31.5 percent in January (usually a big month for console purchases) as consumers opted for newer motion-control technologies like the Kinect for Xbox 360. However the Wii still leads the current console market with 34.5 million units sold in the U.S., followed by Microsoft's Xbox 360 with 25.8 million, and Sony's PlayStation 3 at 15.7 million, NPD reports.

This article, written by Sara Yin, originally appeared on PCMag.com and is republished on Gear Live with the permission of Ziff Davis, Inc.