"It's a very, kind of techie, kind of sleek looking kind of folding, compact Game Boy with a screen that is just as clear as can be. It has a light on it so you can play it with the screen lit or unlit and it's just got a tremendous number of hours on its lithium batteries which are rechargeable."
Nintendo marketing VP Perrin Kaplan. The new version goes on sale next month in Japan and in the U.S. in March for about 99 dollars... .30 dollars more than the existing Game Boy Advance. The new look makes it resemble a PDA instead of a handheld game device. Will twenty and thirty somethings buy them? Nintendo hopes the new look will make a difference. As with other game consoles, the real money is made in game sales...
"In the industry across the board, because people do spend a lot of time talking about the console systems, about 25 to 30 percent of every dollar spent on the industry, period, is spent on Game Boy. So it shows you really what a huge piece of the pie it is."
Nintendo, so far, has little competition in the handheld video game business claiming a market share of about 98 percent. Bloomberg Boot Camp, I'm Fred Fishkin.