Rumors about the Nintendo Wii 2 aka Project Cafe show no sign of stopping, with fresh details of the console’s name, pricing and hardware coming into light.
Sources with knowledge of Nintendo’s plans have told IGN that the console will retail between $350 and $400 depending on manufacturing costs. IGN revealed that Foxconn will be responsible for shipping out the console this October, with a public release being planned in mid-October or early November.
Nintendo could delay the launch to 2012 if it choses to focus more on software and gaming titles and could also lower the price for the console in order to make it more attractive. The company is also deciding on the name of the console, with Stream being one of the names being considered.
As for hardware, the new console would feature a new version of AMD's R700 GPU architecture. Like the Xbox 360, the console will be based on the IBM PowerPC chipset but will be more powerful.
Nintendo’s next generation Wii console will also come with support for 1080p HD output and stereoscopic 3D sound. The console's design will look like a revamped version of the Super Nintendo Entertainment System (SNES).