Slashdot Mirror
Nintendo Announces Japanese Wii Price
Wowzer writes "Nintendo has revealed to Famitsu.com, at the company's recent press conference unveiling its financial results, that Wii would arrive in Japanese stores with a maximum price tag of 25,000 yen. After taking in account various factors, the conversion to other currencies comes down to a launch price of: 225 dollars, 225 euros, and 150 pounds." Update: 05/25 13:45 GMT by Z : GamesIndustry.biz points out they hope to ship 6 million units by next March, and an Opera exec has said you can browse the internets with the wiimote.
At this low price, is it possible they've taken a turn on this one?
I seriously doubt they will be selling these at a loss. The hardware itself is claimed to be "two or three" times more powerfull than the gamecube. Since the GC launch in 2001 you can assume the technology for the Wii (which is very similiar IIRC) is a fairly affordable price at this point. The controllers themselves dont seem to contain anything terribly expensive, just an innovative use of two existing technologies.
The only things that may possibly affect this will be the addition of 512 MB built-in flash memory, the possiblity of an additional wiimote and the sensor bar itself. But I dont belive that any of these is a deal breaker on a possible 200$ USD launch price, especially with how weak the USD is currently.
"After taking in account various factors, the conversion to other currencies comes down to a launch price of: 225 dollars, 225 euros, and 150 pounds."
This is not official. This is mere speculation on the part of the article.
I, too, can pull numbers out of my ass. For example, because the launch price of 25,000 JPY is exactly the same number they used for the GameCube, they'll release the Wii in the US for 199 USD (like they did with the GameCube).
Until we get official numbers, though, this is all speculation.
£150?
;)
I'm buying one. End of discussion.
For the price of a 360, I can get something original and interesting, plus 3 games, and waste away hours being entertained. Seriously, why do I need a 360 or a PS3, when this thing looks like it might actually manage to be a games console, instead of a glorified media centre?
Update: 05/25 13:45 GMT by Z : GamesIndustry.biz points out they hope to ship 6 million units by next March, and an Opera exec has said you can browse the internets [sic] with the wiimote.
:-)
"One-handed" browsing! Well spotted, ed. Will be useful
Kingston 512MB Flash Cards can be had off of Amazon for $11.39. The list price is claimed to be $39.99. Even if we assume that the $11.39 figure undercuts the actual cost for some reason, I think it's safe to assume that the bulk cost would easily be within the range of those figures.
Similarly, complex universal remotes retail for about $19.95. You can usually find them much cheaper than MSRP. The sensor bar's cost will likely depend on what it's made of. Since we can probably assume plastic, it probably won't be too costly either. The Wii itself uses off-the-shelf components for its hardware, making the only questions the CPU and GPU. Both of these appear to be modified forms of existing processors. Which means that in bulk they should be very affordable for Nintendo. Therefore, it's likely that Nintendo will be able to sell the Wii at a $199 price point without taking any sort of loss. At $250, they'd probably be making a profit.
In comparison, both Microsoft and Sony have built their consoles out of highly customized and/or cutting edge hardware that require significant expense to manufacture. (At least initially.) The result is that they have to sell at far higher price points. In Microsoft's case, it's expected that they're losing money on each unit. (Though I seriously doubt that they're losing as much as the $200 that has been claimed by the media.) Both Sony and Microsoft should have paid attention to history. The Jaguar, Saturn, Neo-Geo, and Turbografix were all consoles that were on the cutting edge of technology. They all lost out to consoles that were inexpensive, built with off-the-shelf components (plus/minus a custom part or two), and were easily manufactured using less-than-cutting-edge technology.
Javascript + Nintendo DSi = DSiCade
Because unlike you, we know how to leverage our leading-edge efforts into a new paradigm.
Max Japanese price: 25,000 yen
Remove included tax: 25,000 / 1.05 = 23,810 yen
Factor in realistic JPY -> USD expectation of exchange rate for 2006 4th qtr. (not today's): 23810 * 0.0086 = $204.77
All past Nintendo consoles: $199.99
Difference: $204.77 - $199.99 = $4.78
Compute significance: (4.78 * 540) - (239 * sum(4 8 15 16 23 42)) = 0
Most likely US price: $199.99
(Special thanks to the Hanso Foundation for their significance formula)