Wii U Price and Launch Info Will Be Revealed … In 2012

Those of you foaming at the mouth for any Wii U info you can find are going to have to wait a little while to get some hard details on the console's launch details. According to Nintendo head honcho Satoru Iwata, the Wii U is still going through several development stages, so don't expect much in the way of major reveals any time soon. According to CVG, Iwata made this announcement after discussing Nintendo's dip in revenue.

Considering the Wii U is expected to launch sometime in the latter half of 2012, plenty of gamers were hoping for details regarding the system's price and release date. It looks like this won't be the case until next year, though. "Since the Wii U we showed you at the E3 show in June was still in the development phase without very specific proposals on the software titles, we are going to announce the release date and the price next year when we are able to explain the specific proposals," said Iwata.

The Nintendo president also expressed his concern related to the recent 3DS price drop, stating that potential Wii U buyers are possibly likely to wait for a price drop on that platform before they commit to buy it. "With regard to the influence on the Wii U, what we have to take most seriously is that the price markdown could damage the trust of the consumers who bought the Nintendo 3DS just after the launch," explained Iwata. "What we will be able to do to recover the consumers' trust before the launch of the Wii U is very important to us."

I can definitely see where Iwata is coming from, but I still think it would be really cool to at least provide pricing details for the Wii U. If the console is to succeed as it competes against the Xbox 360 and PlayStation 3, the Big N certainly can't risk overpricing it. Here's hoping we get some hard facts regarding the Wii U's launch early in 2012.