Nintendo Wii to Sell For $170

Nintendo Wii will retail for around US $170 in North America according to EA executive VP and COO of EA’s worldwide studios, David Gardner.

In an interview to be published later this week, Gardner said: “I’ve heard in Japan that the price is about $170, but I don’t know if the price has been set in Europe yet.”

Nintendo has so far declined to reveal exact details of a release date or price point for the Wii. However, the company has previously confirmed that the console will retail for less than US $250, and will launch before the end of this year – with shipments estimated to total 6 million by the end of March 2007.

With Sony Playstation 3 selling as high as $500 (basic version) and $600 (premium version), and Xbox 360 selling for $399, it is obvious now who will be going to the cheapest next genereation video game console. Smart move, Nintendo.

updated:Nintendo has made it firm that it Nintendo will retail for $250 instead.