Iwata Comments on Revolution Pricing

Nintendo President Satoru Iwata told CNNMoney.com’s Chris Morris that he “cannot imagine any first party title could be priced for more than $50,” referring to their next-generation Revolution console. Competitor prices on the Xbox 360 and PlayStation 3 are largely expected to be in the $60 range. Already we’ve seen most 3rd party releases on Xbox 360 reach $60, while Microsoft has tried to keep prices down on their content to $50.

Iwata touched on premium pricing and development costs a little: “In the US, we’re going to see the next generation cost an awful lot. I really don’t think that there’s going to be a lot of acceptance by current customers of the $60 price tag. They may allow that for a limited number of premium titles, but not all.” Nintendo and third parties hope to make additional profit from the Virtual Console, with Sega announcing just last week that it would support the Revolution with around 1,000 Genesis games.

Disclosure: We may earn a commission from links on this page

Leave a Comment