According to Nintendo CEO Satoru Iwata, Nintendo has been working on 3D potentially for the GameBoy Advance and GameCube though it was only in the 3DS that the time was considered right. He also claims that, while he is an iPhone user, he didn’t think of Apple’s device while designing 3DS.
“When asked about the price of the 3DS,” Iwata responded, “I have to refrain from talking specifically about the price point. What I can confirm is that, in terms of the production costs, it will cost more than the costs for the Nintendo DS today. Having said that, we believe we will produce enough value worthy of the production cost. We do not think we have to sell the products below cost.”
While not a confirmation of any sort of price, it hints at a higher price point than any portable system that has released before.
Source: VentureBeat {link no longer active}
