Iwata: Wii U “likely” to cost more than $250

By Johnny Cullen, Wednesday, 8 June 2011 12:03 GMT

Nintendo CEO Satoru Iwata has hinted that Wii U will cost more than $250 following its unveiling last night during the company’s E3 press conference.

Speaking to Nikkei, as translated by Bloomberg, Iwata said that the console will “likely” cost more than ¥20,000, which is £150 or $250 when converted into real money.

Wii’s launch price was £180 in the UK and $250 in the US in 2006.

In an interview with GTTV‘s Geoff Keighley, Nintendo of America president Reggie Fils-Aime would have “fantastic value,” and that it’ll also have a “competitive value” as well.

No launch details for Wii U – such as price or launch timeline other than just 2012 – were announced

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