Report: Wii U Will Cost More Than $250

When Nintendo ships Wii U next year, it expects the console and its unique touchscreen-based controller to sell for more than ¥20,000 ($250). When the Kyoto-headquartered company launched its last home console in 2006, it priced the Wii at $250 in the States and ¥25,000 in Japan, occasionally marking the system down as consumer demand declined. Nintendo president and CEO Satoru Iwata said the platform holder likely will not sell its next console at the same price as the Wii, according to a report from Japan's Nikkei newspaper translated by Bloomberg. Unveiled yesterday at Nintendo's E3 press conference, the Wii U is a considerable advancement of its previous console, featuring high definition graphics, a tablet-like touchscreen (6.2") controller with built-in cameras, and more. "The new platform will provide you with deeper game experiences than what even the most passionate gamer has realized before and it will offer wider appeal to gamers, wider even then for Wii," said Iwata yesterday. "It will let everyone see games in a different way."