Nintendo CEO Satoru Iwata has told a Japanese newspaper that the company’s upcoming Wii U console will sell for at least 20,000JPY.

Roughly converted, this brings the Wii U console to about AU$250 at a minimum, so it’s fair to expect the actual price in Australia to be closer to AU$299-$349 at launch. Of course, Nintendo did not confirm the price outright, so this should be taken as a rough guide to the minimum price they may sell it at.

The Wii U, it was announced this week, will launch in the “Holiday” period (read: November) and will be backed up with a stunning array of 36 titles within in launch window, with the bulk appearing on day one.

Wii U is compatible with Wii Remote controllers and comes with an all new Wii U GamePad controller that has a built in touchscreen, dual clickable analogue sticks and a camera for video calls.

Wii U’s games will all be purchasable online using the Wii U eShop, or at a retail store. The console contains an interesting social network that allows you to instantly chat with players across all your games using your Mii’s. This system is called the “Miiverse”, and you can find details here.

Look for more E3 updates on our E3 Coverage Portal this week!

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