Nintendo
Eyes Next-Generation Console Launch (thanks the_culture) reports:
"Nintendo Co. Ltd., creator of "Pokemon" video games, said on
Thursday it planned to launch a next-generation home game console in 2005 or
2006 in a move to restore its clout in the lucrative home video game
market." The article describes how GameCube sales have lagged behind
expectations, a situation the company's president Satoru Iwata attributes to the
more than a year head-start enjoyed by the PS2. The article goes into plans for
games interoperable between the GC and the GBA hand-held, the possibility of a
"not imminent" price cut for the system, and the financial situation
Nintendo finds itself in, and quotes the Nintendo prez' vision of what the
future holds for them and their competitors: "We will get ready for a (new)
battle in 2005 although foreign game developers are now saying that rival
next-generation systems won't come until 2006."