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Nintendo not planning to announce price point or release date for upcoming next-generation console at this summer's LA trade show. 
Gamers hoping to learn the Wii U's price point at the 2012 Electronic Entertainment Expo are out of luck. Nintendo confirmed today that it will announce the price and launch date for the new system sometime after the show, which runs June 5-7 in Los Angeles.
Nintendo has not given any clues as to what the Wii U will cost, but Wedbush Securities analyst Michael Pachter believes the company must launch the system at $250 or below. The reason for this, Pachter says, is that he believes the Xbox 360 Kinect bundle will be priced at this level by the time the Wii U launches.
Another report suggests that the Wii U will carry a higher price tag. Forget the Box claims Nintendo will launch the Wii U at "no less than $300" later this year.
Nintendo may not be revealing the Wii U's price point at E3 2012, but it will show off the system's final hardware configuration. Additionally, the company said it will highlight the system's 2012 software lineup at the show.
THQ's Darksiders II is the only Wii U launch title to be announced thus far. The Wii U is currently scheduled to be released globally during the 2012 holiday season.
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