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.
How do you like that? $150 would be nice, but, oh well.
Source: Reuters