Nintendo has announced the current fiscal year unit shipment forecast for its next generation game console "Wii". Nintendo has confirmed that the price of Wii which incorporates the unique freehand control, will not exceed $ 250 in the US and 25,000 Yen in Japan. Nintendo plans to sell 6 million units worldwide in 5 months, i.e. between its launch in the fourth quarter of 2006 and the end of its fiscal year on March 31, 2007. During this period Nintendo plans to sell 17 million Wii games. Rival Sony also aims to sell 6 million Playstation 3 consoles by March 07 which is twice expensive than the Wii at $ 500.

Exact launch dates, identification of the launch library of titles and details on the unique Virtual Console aspect of Wii will be nnounced soon.
Source