Can Nintendo score with Wii U?
The company will begin selling its new console on Nov. 18 at a starting price of $300.
Does the company have another success on its hands? The Wii, released in 2006, was a smash hit whose success surprised many doubters. It still has a prime spot in living rooms around the world.
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But things are vastly different now. Kids are playing games on smartphones and iPads. The Xbox 360 from Microsoft (MSFT) has staying power, as does the PlayStation 3 from Sony (SNE). Is there room for another gaming console in the mix?
The Wii U has some nice innovations going for it, particularly a touch screen GamePad controller that looks like a small tablet. The controller can be used to stream videos from Netflix (NFLX) and Amazon (AMZN). It also has a camera and a stylus. Really, the controller can run as its own gaming and entertainment system, to some extent.
To see how it works, check out this video about the upcoming "Lego City: Undercover" game for the Wii U. It looks awesome.
A white, 8GB version of the Wii U will sell for $300. A $350 deluxe version is black and comes with 32GB of storage space and a copy of "Nintendoland."
"The Wii U will change the way you play games," said Reggie Fils-Aime, the head of Nintendo U.S. Is he right? I've learned not to underestimate Nintendo after the surprising success of the original Wii.
(Microsoft owns and publishes Top Stocks, an MSN Money site.)
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Just one thing that I noticed, Kim. In both the video and the article I saw the terms "smartphones and iPads." While smartphones is the correct term, iPads is not correct. Tablets would be the correct term to use.
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
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