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GameCube and game prices CONFIRMED!

by Billy Berghammer - May 21, 2001, 12:10 pm EDT
Source: Reuters/ Tech TV

Nintendo has confirmed pricing on the GameCube and it's titles. Look out world! The future of Nintendo gaming is beautiful and affordable!

Nintendo has officially announced the prices of GameCube and it's games. Here's the press release direct from Reuters...

Nintendo to price GameCube at $199, below rivals

LOS ANGELES, May 21 (Reuters) - Video game maker Nintendo Co. Ltd. on Monday said it would price its new GameCube console at $199 in the United States, a $100 discount to rival game players.

A company spokesman said that Nintendo's video games for the GameCube would be priced at $49.90 each.

Nintendo first unveiled its latest console last week at the Electronic Entertainment Expo (E3), and said it would launch the system on Nov. 5 in the United States, after a mid-September launch in Japan.

The $199 price for Nintendo's GameCube contrasts with the $299 price tag announced last week for Microsoft Corp.'s (Nasdaq:MSFT - news) new Xbox player. The Xbox and GameCube are scheduled to launch in the United States in the same week.

Sony Corp.'s PlayStation 2 launched at a price of $299 last September. Although the company officially has said it will not lower its price, several analysts have forecast a $50 discount once its two competitors hit the market.

Tech TV also reported today that Nintendo will have 5 titles from Nintendo available at the systems launch. Nothing has been stated about how many titles third parties will have as of yet.

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