Kotaku is reporting that at their press conference for fiscal year 2005, a reporter asked Nintendo what the price of the Wii console would be. While Nintendo stated that they would not be announcing a price or release date until a later date, they added that there were no plans to price the console for over 25,000 Yen (approximately $222 U.S.). Nintendo also added that they expected to sell 6 million Wii consoles and 17 million Wii games by March of 2007. Click here to head over to Kotaku for all the pertinent details.
UPDATE 1: It now appears that Nintendo has further clarified the matter by stating that the Wii will not exceed 25,000 Yen in Japan or $250 in the United States. We've corrected the headline to this story accordingly.
