Price
Nintendo has stated that the Wii will be cheaper than the PS3 and Xbox 360, with the basic Xbox 360 at $299 USD and the basic PS3 at $499.[13] Additionally, Satoru Iwata has said "the price won't be significantly higher than Nintendo's prices have been historically" ($199 for all previous consoles) and that more details can be expected in the summer of 2006.[14] As for the price of the games, Satoru Iwata said in an interview that no first party game would cost more than $50. [15]

Release date
No firm release date has been announced other than that it will be made available in the fourth quarter of 2006.

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