The newest TOKYONintendo game console, the Wii U will be sold in Japan starting at 26,250 yen ($340). As the creator of Super Mario looks to regain the lead in gaming from Sony and Microsoft and fend of tablet- and smartphone makers led by Apple Inc. Nintendo’s president Satoru Iwata said in a webcast on Thursday that in addition to the basic 8 gigabyte model there will also be a 32 GB version at 31,500 yen, both available from December 8. The Japanese company will reveal prices and the launch date for the U.S. market at an event in New York starting at 1400 GMT. Nintendo is fielding the successor to its hit Wii console in the busy year-end shopping season, going up against Sony’s PlayStation 3 and Microsoft’s Xbox 360. Current prices on entry-level consoles from those two corporations in Japan are 24,980 yen and 19,800 yen.
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