Nvidia cuts Shield price to $299, plans June 27 release

Last month, Nvidia announced that its Shield handheld gaming console would cost $349 and ship some time in June. This morning, the company posted an update on pricing and availability. Shield will come out on June 27, and as it turns out, it will be $50 cheaper than previously announced.

Here's the official word on the price cut:

We’ve heard from thousands of gamers that if the price was $299, we’d have a home run.
So we’re changing the price of SHIELD to $299.
If you’ve already pre-ordered SHIELD, you’ll be charged the new, lower price. You will only be charged $299 when the product ships.

In case you missed our earlier coverage, the Shield is a handheld console based on an Xbox-style controller with a 5" 1280x720 multi-touch display, a Tegra 4 processor, 2GB of RAM, and HDMI out. It has the ability to run Android games and to stream PC games from a local, Nvidia-powered machine. The device's battery is supposed to enable 5-10 hours of gaming and 24 hours of video playback, and the HDMI connection can drive 4K displays.

At $299, the Shield costs only about $50 more than the PlayStation Vita. The Vita has plenty of custom-tailored games, of course, but the Shield's ability to stream PC titles—and to display them on a TV screen via HDMI—is definitely unique. Too bad a GeForce GTX-series GPU is required for that capability.

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