Editor's Note: According to GameTrailers’ editor-in-chief, Shane Satterfield Wii U will cost $299. This comes via “certain channels”, but at this point I think Nintendo had better succumb to the rumor mongering Internet. Otherwise the launch of Wii U might go as well as the launch of the 3DS. Zing!
EEDAR’s Jesse Divinch has speculated that Nintendo will reveal the Wii U's price and date on September; around that month is Tokyo Game Show. Jesse also said that he claimed that the price has been delayed (or being judged) because of the upcoming holiday sales for Xbox 360 and PS3, which can hurt the Wii U sales a bit.
Even though this is a speculation, I'm also with him that Wii U might reveal the price and release date on Tokyo Game Show, but I'm not sure about his thoughts on why the price hasn't revealed. Nintendo did say that the price and release will be revealed after E3 before their conference (which I found ok). You guys think they will reveal it at TGS on September?