Wii U likely to cost more than $250, controller reportedly not sold separately

[Update] A Nintendo representative has told 1UP that the company has "not made any announcements about the SKU." That's not technically a denial that the Wii U will only support one tablet controller, but it means the news hasn't been officially confirmed either.

[Original Story] Nintendo is still deciding on its pricing structure for the newly-announced Wii U, but we know what it won't cost. In an interview with Japan's Nikkei newspaper (via Bloomberg), Nintendo president Satoru Iwata said the console will likely cost more than 20,000 yen -- or about $250 according to current conversion rates.

On the other hand, you won't have to shell out extra for more of the Wii U controller. In fact, you won't even be able to. A spokesperson told CVG that the console and controller are sold as one unit. "You won't be able to buy the controller alone," he said. The system is only designed to support one of the tablets, while multiplayer games will have others playing asynchronously with Wii remotes. It seems like Nintendo will have to plan for people breaking the controller, but no plans have been discussed yet.

Bloomberg also reports that Nintendo's stocks fell to their lowest point in five years following the press briefing, as investors were expecting the company to make a bigger splash with surprises. "There were high expectations from the new version of the Wii and this fell far short," said Tokai Tokyo Securities analyst Yusuke Tsunoda. "People had expected to see something more at a big event like the E3, but there wasn't really anything more than what's already reported."

If you're itching for more details on the Wii U, be sure to check out Garnett's hands-on impressions of the various tech demos on display at the show.