This is a discussion on Nintendo sets price limit on Wii within the Video Games & Electronics forums, part of the Non Wrestling Forums category; To view links or images in this forum your post count must be 20 or greater. You currently have 0 ...
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To view links or images in this forum your post count must be 20 or greater. You currently have 0 posts. Nintendo's new Wii console will be launched before Christmas
Quote:
Japanese games giant Nintendo has confirmed that the price of its new Wii console will be much lower than its rivals. The Wii will cost 25,000 yen or lower in Japan and $250 (£133) or less in the US, said Nintendo as it revealed its financial results. The company added it aims to sell six million machines by March 2007. The Wii is due out towards the end of the year, competing with Sony's PlayStation 3 and Microsoft's Xbox 360. The three companies are battling for a share of a video games industry worth some $30bn (£16bn). Cheaper machine Nintendo unveiled its Wii console at the E3 games expo in Los Angeles earlier this year.
To view links or images in this forum your post count must be 20 or greater. You currently have 0 posts. The PlayStation 3 is due out in November
At the time, it did not reveal the cost of the machine, but analysts had expected it to be lower than its competitors. At a news conference in Osaka, Nintendo senior managing director Yoshihiro Mori confirmed what many wanted to hear. The price range set by Nintendo contrasts with the cost of Sony's new PlayStation 3, which is due to hit the shops in November. A basic version of the console will cost $499 (£266), while a premium model will sell for $599 (£320). The exact price in the UK has not been announced. Prices for Microsoft's Xbox 360, which went on sale last November, start at $299 (£209 in the UK). Wii hopes The Wii console is key to Nintendo's future success. The company has just posted a 19% drop in annual profits, warning that results for its current financial year will be weaker than previously expected. It is looking to the launch of the Wii to help its bottom line. Nintendo plans to ship six million consoles by March next year and aims to sell 17 million games for it. The console has a one-handed controller that looks like a TV remote control. It uses motion-detection sensors that allow players to control the game by moving the controller in the air.
BBC
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