Nintendo Wii, confirmed price of less than $250

Nintendo confirmed today that the price of the Wii system will not exceed $250 in America, or 25,000 yen in Japan. The company plans to ship 6 million systems to retailers around the world between its launch in the fourth quarter of 2006 and the end of its fiscal
year on March 31, 2007. The company also said it expects to sell 17 million Wii games in the period. Exact launch dates, identification of the launch library of titles and details on the unique Virtual Console aspect of Wii will be announced soon.