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Nintendo Wii U Price In September, Could Face PS3, Xbox Cuts - Analyst

Tom Hopkins


Nintendo could reveal launch details for the Wii U around Tokyo Game According to EEDAR's Jesse Divnich.

Published on Jul 27, 2012

Nintendo still has yet to slap a price or release date on the Wii U, but that could change in September according to EEDAR analyst Jesse Divnich.

"I would expect Nintendo to make some form of an official announcement in September," Divnich told NowGamer. "Likely around (but not at) the Tokyo Game Show."

Nintendo has been coy about the console's price since it was last shown at E3 - which could be to do with imminent HD console price cuts.

"Nintendo didn’t release any information regarding pricing or unit expectations," Divnich added. "It is tough to pinpoint any type of expectation when Nintendo themselves are being incredibly vague about it. Considering the potential for PS3/Xbox 360 price cuts this holiday, it is understandable that they are keeping their cards close to the chest."

Meanwhile Wedbush Securities' Michael Pachter concurred that forecasting Wii U sales is nigh-on impossible.
 
"As soon as Nintendo tells us the specs, I'll take a stab at the cost. As soon as they give us the price, I'll guess unit sales," he told us. "People love to beat me up for bashing Nintendo, but they bring this on themselves. They give no information, and want us all to proclaim that their consoles will sell record numbers."

NowGamer's analysis of Nintendo's recent financial report found that the firm expects to sell at least 5 million Wii Us by April 2013.

 

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