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Nintendo: 'We won’t repeat 3DS pricing mistake' [with Wii U]    

  Nintendo: 'We won’t repeat 3DS pricing mistake' [with Wii U]
Added by Gauss on 27.06.2012

Iwata promises a 'reasonable' Wii U price

That's right, Nintendo has not yet announced a price for the Wii U, but Nintendo's president has reiterated their commitment to keep it affordable.

 

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In an interview with japanese newspaper Yomiuri Shimbun daily, Nintendo's president Satoru Iwata, said that they're aiming to release their latest console at a 'reasonable' price...

"We won't make the same mistake that we did with the 3DS, which was considered relatively high by consumers."

When asked about the system itself, Iwata promised that Nintendo would "have an appealing product at launch".

He noted that thanks to its special tablet-style controller and the inclusion of social network style functionality, "it's like no other system before it."

And finally, he also made some comments about Nintendo's financial state. According to him the 3DS will be profitable by the end of the fiscal year.

This past fiscal year, due to the rising yen and the 3DS price cut, which meant the newly released portable system had to be sold at a loss, the company posted its first over loss since going public. While admitting to difficulties caused by the continued rising yen, Iwata said "we've fixed the 3DS profitability issue, and pledge to turn profitable by the end of this fiscal year."

Nintendo is yet to announce the Wii U's launch date and price, but expect news about that very soon.


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