The new Nintendo handheld has the same CPU as the current GameBoy Advance but opens and closes like a laptop and has a front-lit screen that allows it to be played in darkness or in bright sunlight. It also has a rechargeable lithium ion battery.
Nintendo plans to sell the GameBoy Advance SP for $99.95 in the United States. The GameBoy Advance retails for $69.99 but Nintendo believes adults won't mind the higher price.
The portable system is expected to be available next month in Japan and by the end of March in the United States. A high resolution pic of the console can be seen here.