ULTROS!
People seem to like me because I am polite and I am rarely late. I like to eat ice cream and I really enjoy a nice pair of slacks.
http://www.andriasang.com/e/blog/2011/06/08/wii_u_pricing/
Nintendo left out many of the finer details about Wii U at the system's announcement yesterday. Among the major points: price.
In an interview with Nikkei (registration required), however, Iwata did share what appears to be a rough lower limit, saying that Nintendo does not plan on selling the device for the same price as the current Wii. This means we can probably expect the Wii U to cost above ¥20,000.
Iwata also told Nikkei that he doesn't expect the Wii to immediately disappear following the Wii U's release, suggesting that Nintendo plans on offering the current system for at least a limited time after its successor is on the market.