http://wii.ign.com/articles/725/725645p1.html
August 15, 2006 - Nintendo's new Wii console could be yours later this year for less than expected. Tokyo-based Nikko Citigroup has issued a report on Nintendo's rising stock price, and between all the jargon is the financial institution's forecast that the Wii will carry a Japanese price point of 19,800 yen.Current exchange rates would put an equivalent US price at $170.00. However, console prices rarely convert according to exchange rates. At most, we can probable take this report to indicate an anticipated US price of under $200.
Nikko Citigroup previously forecast a 25,000 yen price for the Wii. The firm arrived at the new, lower price point based on its expectation that Nintendo will be able to procure the Wii's CPU for less than expected.
This report is just another prediction by a financial institution and shouldn't be taken as confirmation of the Wii's price. For now, the official Nintendo word is that the system will be sold for under 25,000 yen in Japan and $250 in America. Final details are expected in September.
That would be pretty cool if it turns out to be true. At the very least, they could sell it for $200 no problem which puts them at a huge advantage. And perhaps even drop it down to say, $175 which would be crazy awesome.
I need one. My wife won't let me, but I'll win her over... Twilight Princess here we come...
Wow, $170 would be great. It would sure steal away some people from the $600 PS3. And I hope it does.
That price point will make me want to shell out the money immediately for the system. I hope this is true, and if so, way to go Nintendo!
Think logically, everyone.
It will be $249 at launch.
Why would Nintendo not want to line their pockets with a little more money per console. $249 is still going to be so much cheaper than any other console on the market, even after the 360 drops in price. Nintendo are a company, not a charity. I hope that everyone isn't going to be disappointed when Nintendo announce the price to be $249 in the next month or so.
I honestly expect it to be $249. GC started out at $249 as well so honestly I don't expect anything less. It would be nice if it was though.
erm2003 wrote:I honestly expect it to be $249. GC started out at $249 as well so honestly I don't expect anything less. It would be nice if it was though.
No, GC started at $200.
goKi wrote:Think logically, everyone.It will be $249 at launch.
Why would Nintendo not want to line their pockets with a little more money per console. $249 is still going to be so much cheaper than any other console on the market, even after the 360 drops in price. Nintendo are a company, not a charity. I hope that everyone isn't going to be disappointed when Nintendo announce the price to be $249 in the next month or so.
That's not really true. By that logic, they could charge $350 for it. Why not? It's cheaper than any other console on the market.
The issue is cost vs. sales. They don't want to sell it for less than the cost of the materials, or else they lose money (which is what MS & Sony have been doing - they generally make the money back on software sales and other stuff). Nintendo makes their stuff cheap enough that they don't have to do this. So why not keep the price high? Because you will get more sales at a lower price. Eventually, especially when you factor in extra software sales, you'll come out ahead. Add to this, Nintendo's whole stance for this console is that it's "for everyone". The cheaper they can make it, the more likely Mom & Dad will actually get it for *themselves* and not just the kids. That's broadening the market base and in general, making Nintendo more money.
Aside from all that, the lower the cost compared to the competitors, the better it's going to look to potential buyers. If you just compare the graphics, maybe someone is willing to spend an extra $50 or whatever for HD quality stuff. But if the price is low, it's an easy decision.
Warlock wrote:No, GC started at $200.
Yeah, my bad. Got a bad source on my first search, but I found a good site on that now.
Warlock wrote:That's not really true. By that logic, they could charge $350 for it. Why not? It's cheaper than any other console on the market. The issue is cost vs. sales. They don't want to sell it for less than the cost of the materials, or else they lose money (which is what MS & Sony have been doing - they generally make the money back on software sales and other stuff). Nintendo makes their stuff cheap enough that they don't have to do this. So why not keep the price high? Because you will get more sales at a lower price. Eventually, especially when you factor in extra software sales, you'll come out ahead. Add to this, Nintendo's whole stance for this console is that it's "for everyone". The cheaper they can make it, the more likely Mom & Dad will actually get it for *themselves* and not just the kids. That's broadening the market base and in general, making Nintendo more money.
Aside from all that, the lower the cost compared to the competitors, the better it's going to look to potential buyers. If you just compare the graphics, maybe someone is willing to spent an extra $50 or whatever for HD quality stuff. But if the price is low, it's an easy decision.
This does seem to match up with what Nintendo has been doing for years. It will be interesting to see how well the Wii does when it is finally out.
Actually, the Xbox 360 costs 300$, then the hard disk adds another 100$. ;p
You really should expect to see the Wii at between 200 and 250. It's really unlikely it would be anything less than 200$.
Even Nintendo sells consoles at a loss. The key difference has been Nintendo has always acted very responsibly with their money knowing when to spend the money/take a hit and how much is acceptable.
We will see in a few months.
It will be $250. I really doubt that $50 difference would drive off a single customer. Nintendo will know that.
goKi wrote:It will be $250. I really doubt that $50 difference would drive off a single customer. Nintendo will know that.
Not true. $200 is very much a barrier for a lot of people. I know there are quite a few who wouldn't spend more than that. It's a psychological thing.
$250 is very much a barrier for many people, and that extra $50 will most likely be what determines if I buy the blasted thing at launch or wait until I have money setting my wallet on fire.
Here's the breakdown:
$300 is a very lot of money. My budget (rough school schedule with no opportunities for work) leaves me perhaps $400 of disposable income once I take into account the luxuries I enjoy more than I would having a Wii. I have a very active addiction to programming texts, and that means I have the possibility of between 5 and 10 books depending on how pricey I go.
Anyway I'm wandering. $200 is what my demented little head thinks is "right" for my video game budget this semester. If the console launches at $200, of course I need a game so I will override this number and probably spend closer to $250 for the a Wii/Twilight Princess deal. This is an overage, but one that can be compensated for by sacrificing another luxury (such as eating at not-fast-food restaurants or staying at the dorm for a weekend) for as little as a week, 2 weeks tops and my budget is balanced again.
However, if the console is $250, adding Twilight Princess to the bundle makes the price $300 minimum. The console itself is over my budget, so convincing myself to go even further over budget is tough. This is an extra $50 worth of cost and an extra 1-2 weeks of luxury I must sacrifice. When I ask myself if the Wii is worth a month of fasting from something else I can't answer that yes.
How $50 makes such a difference is a complicated thing; it is a large percentage of the price itself and puts the console out of my budget before I even get a game.
However, I must admit I strongly believe the system will launch at $250. I don't know why, but that is the price I think of when I try to estimate.
[SIZE="1"]Anyone who wants to be a wise guy and tell me to get a job, sit and spin. I juggle between 16 and 18 hours a semester and that tends to give me fits of depression as I struggle to make a 4-hour assignment fit into 3 hours so I can have a little bit of time to play games and unwind. Adding even a part-time job to my schedule at this point in time would not be healthy. Yeah I'm sure plenty of you He-Men out there do it and make do just fine but honestly I don't have bills to pay and I can't justify working that hard just to get a video game console when my time budget for playing said games is ever-decreasing.[/SIZE]
I would gladly pay $200 for it. I wasn't sure what the price was going to be until I read this thread. I haven't been paying attention lately to video game news. $250 I might be willing to spend, but like Atma said, 50 bucks makes a big difference. For those of you who might still be in highschool or college and aren't paying much along the lines of bills, you won't realize this as much as say, a married guy paying rent, car payments, auto insurance, phone bills, etc. etc.
On another note, is Twilight Princess still coming out for GCN as well?
Yes, it will be a simultaneous release on both systems. The only real difference as far as I've heard is that the Wii version makes use of the Wii controller to do some of the moves. For instance, you can do a spin slash on the Wii by rotating the 'nunchuck' in your hand instead of doing a circle with the analog stick, or you can do a finishing move by flicking the nunchuck back and forward. I think at some level it would be nice to have the familiar control feel the regular controller provides, but doing a spin slash by moving your hand in a circle does feel pretty sweet.
Anthony wrote:For those of you who might still be in ... college and aren't paying much along the lines of bills, you won't realize this as much
I sure realized it. I have no money when I'm in college. The cost books, car payments, gas, and food is well enough to put a pinch on my wallet
Pineconn wrote:Wow, $170 would be great. It would sure steal away some people from the $600 PS3. And I hope it does.
I forgot to comment on this in my first reply, sorry but no one set on a PS3 will buy a Wii instead even if it costs 2$. People that want the PS3 are more likely to buy a 360 instead. This is because the Wii is quite different than 360 and PS3. But 360 and PS3 offer very much the same thing. Just ones cheaper and in my opinion better.
Haven't almost all of Nintendo's consoles been released at the same price or at least close?
I'm not sure, but I think the N64 was launched with a $275 - $300 (I'm speaking canadian dollars of course, it could have changed due to the exchange rate on currency) and the GCN was realeased for around the same price point.
Even with the Gameboys. They are always released for about $125-$150 Cnd. The GB, GBP, GBC, GBA, GBA SP.
MottZilla wrote:I forgot to comment on this in my first reply, sorry but no one set on a PS3 will buy a Wii instead even if it costs 2$. People that want the PS3 are more likely to buy a 360 instead. This is because the Wii is quite different than 360 and PS3. But 360 and PS3 offer very much the same thing. Just ones cheaper and in my opinion better.
Whatever suits a gamer's needs. If they want to kill people and run away from cops, they'd go for the PS3. If they want quality games, they'd go for the Wii. 😉
(I'm not asking for a :angry: war. I'm just biased against Sony. :sweat: )
Actually, the Wii will likely be $225-250. After all, Nintendo want bucks, like any other company. They basically have control of this type of console, since it's the only one like it. (Yeah, yeah, Sony and their tilt-controller.)
MottZilla wrote:People that want the PS3 are more likely to buy a 360 instead.
People who want a PS3 will more than likely get a PS3. I get the same blank stares over and over. When I tell someone it costs $600, they act like its a lot, but it doesn't change their mind. They'll get it anyway...because they want it. If people with no money still plan to buy it, then you know people with money will.
People who want an Xbox 360, will more than likely get an Xbox 360. They've already thought about it over the last year, and thats what they've been saving their money up for. Its what everyone has, so they want it too.
People who want a Wii will get a Wii. Because its different, or its Nintendo, or they can't stand Sony or Microsoft. People who think its stupid will always think its stupid until the media, or their best friend tells them otherwise.
goKi wrote:Trust me, $250.
Pineconn wrote:Actually, the Wii will likely be $225-250.
The point of the a cheap console is not just to be cheaper than the competitors, but to be cheap enough to get someone who doesn't want it to buy it. The cheaper the better. People who are indecisive on which one to get have their eye light up when they are told Wii will be less than $250.
In the end, there is no use believe its going to be $250 any more than believeing its going to be $170.
Cloral wrote:Yes, it will be a simultaneous release on both systems. The only real difference as far as I've heard is that the Wii version makes use of the Wii controller to do some of the moves. For instance, you can do a spin slash on the Wii by rotating the 'nunchuck' in your hand instead of doing a circle with the analog stick, or you can do a finishing move by flicking the nunchuck back and forward. I think at some level it would be nice to have the familiar control feel the regular controller provides, but doing a spin slash by moving your hand in a circle does feel pretty sweet.
It can also run at 16:9 in progressive scan.
I have a feeling it will be either $199 or $229. Anything more is a bit excessive unless it comes with 2 controllers, and anything cheaper makes it seem... well... cheap.
Wow Grasshopper that was a really good post you guys should go back and read it, here's a restatement of his two main points:
- People who want some item will buy it no matter the price. They may do so with gnashing of teeth, and said purchase may only occur after frugal savings, but in the end it will be bought.
- The correct price for an item is the price that makes the people who do not want it give it a try.
This is actually a good statement of something I was subconsciously doing and never understood. Think about it in the context of my last post:
I want a Wii, but I only want it at < $300 for game + console. However, even if Nintendo jacks the price up to $300, I will not turn away but eventually save up enough pennies to buy the blasted thing.
I'm the same way with the XBox 360 right now; it seems to be a good console and I want it, but its price is quite prohibitive. However, after I possess a Wii, I'll probably end up saving pennies until I get the other cursed system as well.
In support of the other point, I have no desire to own a PSP, but if the price were between $75 and $100 I'd probably buy one just for the heck of it because that's a decent (though probably unrealistic) price for a handheld movie viewer that sometimes plays games.
So in the end, Nintendo will make money regardless of the price of the Wii because I'm sure there's a faction of people who already have $1000+ dollars saved up just in case the price is that high. I have other, more foolish ventures to follow than spending my money so I'm not in that crowd.
I still say $250 though. If not that, then $249.99.
Grasshopper, I meant the large group of people wondering what next-gen system will probably have the titles they like, if they were a PS2 user before, if they bought anything besides the PS3, it'd more likely be the 360 than the Wii. Again I say this is due to similaritys. Just look at the PS2, Xbox and GCN generation. Many games were released cross platform however certain versions were inferior. But now the 360 and PS3 are basically on equal footing. The thing is Sony forces Blu-Ray on your, for 360 HDDVD is an option that you can negate to save 200 clams. Though Blu-Ray storage for PS3 games may prove quite useful later on, however the 360 can easily follow that road as well.
Just the way I see it is that PS3 doesn't offer anything I find special to the point that I'd go with it rather than 360 alone. And I think alot of other people do too. The Wii however falls in a strange category like the DS. There really is no comparitive system. One thing I know we can all agree on is the next couple years in the video game world will be VERY interesting.
Here's what's gonna happen.
PS3? Nothing... cool? The Wii? Motion sensor badassedness? half the price? Amazing? SUPER SMASH BROTHERS BRAWL?
Don't tell nintendo, but I would've paid 500 for the fucker.
Is there information on a launch date/season, and any launch titles? I don't give a crap and a half about twilight princess, but I am really looking forward to brawl and the metroid game for it. Are they launch titles?
Brawl was announced to be a 2007 release unfortunately. We will have to wait a bit longer for that one. Metriod is being listed as a November title, so pretty much available at launch.
I saw a site somewhere that's listing 27 launch titles. Let me see if I can find it...
Here it is: http://www.nwizard.com/web/index.php?option=com_content&task=view&id=245&Itemid=2
And here's the list:
Title
Publisher
Avatar: The Last Airbender
THQ
Blazing Angels: Squadrons of WWII
Ubisoft
Blitz: The League
Midway
Call of Duty 3
Activision
Cars
THQ
Dragon Ball Z: Budokai Tenkaichi 2
Atari
Dragon Quest Swords: The Masked Queen and the Tower of Mirrors
Square Enix
Elebits
Konami
Excite Truck
Nintendo
Far Cry
Ubisoft
GT Pro Series
Ubisoft
Final Fantasy Crystal Chronicles: The Crystal Bearers
Square Enix
The Legend of Zelda: Twilight Princess
Nintendo
Madden NFL 07
EA
Marvel: Ultimate Alliance
Activision
Metal Slug Anthology
SNK
Metroid Prime 3: Corruption
Nintendo
Monster 4x4 World Circuit
Ubisoft
Need for Speed: Carbon
EA
Open Season
Ubisoft
Rayman Raving Rabbids
Ubisoft
Red Steel
Ubisoft
SpongeBob SquarePants: Creature from the Krusty Krab
THQ
Super Monkey Ball: Banana Blitz
Sega
Tony Hawk's Downhill Jam
Activision
Trauma Center: Second Opinion
Atlus
Wii Sports
Nintendo
Cloral wrote:The Legend of Zelda: Twilight Princess
Nintendo
That's all I really want. 😉
The saying "you get what you pay for" hopefully does not apply to this. After all, the Wii < Xbox360 < PS3 in terms of price. So is a ~$200 system worse than a ~$600 system? Hopefully not.
Wii uses far less expensive technology, hence the estimated 300$+ difference between it and PS3. The PS3 uses some very expensive components, mainly being the Cell cpu and the Blu-Ray drive, though I'm sure their GPU adds a hefty piece to it too. Wii doesn't use anything near the cutting edge, hence it's much cheaper to make. As far was worse goes, it depends what you want. Wii can certainly run fun entertaining games. However it doesn't have the cpu or gpu power to match the 360 and PS3. It doesn't have the memory either.
That's something I think Nintendo should have splurged on a bit. They should have given more RAM to the system. RAM makes everyone happy. ;p
well... it does mean we won't see so much cross-system games, which could end up sucking, but really... I'd rather see great things done with cheap shit.
I still think gamecube's graphics, in alot of places, outshine Xbox, and on occasion the PS2. *shrug*