Sony likely to unveil next PlayStation on Feb. 20

Published on NewsOK Modified: February 1, 2013 at 12:17 pm •  Published: February 1, 2013
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The Wii U was the first of the newest generation of video game consoles to launch, but sales so far have been disappointing. Nintendo Co.'s president, Satoru Iwata, acknowledged recently that the Wii U and the handheld Nintendo 3Ds didn't do well over the holidays, but he ruled out a price cut for the new console.

All three console makers are trying to position their devices as entertainment hubs that go beyond games as they try to stay relevant in the age of smartphones and tablet computers. Such hubs can deliver TV shows, movies and music. The Wii U has a TV-watching feature called TVii. With it, the console's touch-screen GamePad controller becomes a remote control for your TV and set-top box. TVii groups your favorite shows and sports events together, whether it's on live TV or an Internet video service such as Hulu Plus. And it offers water-cooler moments you can chat about on social media.