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Cavuto: Folks are spending less and getting, well, a bit
frugal. Not when it comes to their kids though. The bottom line...
If they want it, they are going to get it. One company that's
banking on that is Nintendo. Joining us now from Seattle is Peter
Main, chairman of Nintendo America. Peter, good to have you.
Main: Nice to be here.
Cavuto: Your GameCube... you've got a lot riding on it. How's
it looking?
Main: It's looking fantastic. The industry is on fire, plus
37% year on year. GameCube came to market in November and it
is off the scales. We have shipped about a 1.2 million. About a
million of them have disappeared already. There are a hundred
thousand or so still going to market every week and it's clearly a
crowd favorite this holiday.
Cavuto: You know, you've got principle competitors in
PlayStation 2 and the Microsoft Xbox. And I guess it is hard to get
a price comparison on these because a lot of dealers, if you
include, you know software and of all of this, we're talking about
a $500 item. Now, you have a price advantage there. But I mean both
of these machines are giving you a run for your money, aren't they?
Main: There's no question more and more Americans are
embracing video games this year than ever before. But clearly,
again, the GameCube is all about, nothing more, nothing less than
just great games, $100 less than the other guys. And yeah, they're
chasing but we have got a very hot entry in the market.
Cavuto: Do you fear though, that this confuses shoppers, that
they don't know which standard ultimately will survive, which will
have the most games and they just say, "ah the heck with
it?"
Main: Well, the customer is very savvy. They buy against the
games that are available. We have got a strong opening lineup, all
those great Nintendo characters are represented, big sports, other
action adventure. And at the end of the day, who's got the best
games is going to be the winner, not only this year, but over the
longer haul. And we like our chances.
Cavuto: Peter Main, Nintendo of America. Thank you very much,
appreciate it.
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