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.
Post continues below.
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.)
More from Top Stocks
- Does Mark Zuckerberg have his mojo back?
- Is Apple falling behind the competition?
- The year of banking dangerously
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.
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The offering could become the second-biggest this year if underwriters exercise an option to buy more shares.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.