The Nintendo GameCube is Nintendo's 4th generation home game console. Released in 2001, it represented Nintendo's entry in competition against "sixth-generation" consoles such as Sony's PlayStation 2 and Microsoft's XBOX. Although the GameCube possessed superior graphics to its main rival, the PlayStation 2, it lacked the ability to play DVDs. It also tended to skew to a younger audience, with games like Pokemon. Despite being the third most popular console, Nintendo managed to stay in the home video game console business. In December 2001, Nintendo released the Panasonic Q, a multimedia console capable of playing DVDs and CDs as well as GameCube games. It was released only in Japan, and was discontinued in 2003 due to low sales. Its price of $439 was much higher than the cost of buying both a standard GameCube and a seperate DVD player, which no doubt contributed to its demise. In 2006, Nintendo released the Wii, which replaced the GameCube.