Nintendo waited two years too long to release a competitive console, Michael Pachter thinks.
"I think by the time [Nintendo] did launch a console which stacks up really well," said Wedbush Morgan analyst Michael Pachter to ABC News 10, "the other two guys [Sony and Microsoft] passed them by, and I think they're in a world of trouble right now." Waiting two years too long to launch a competitive console has cost Nintendo. Pachter's no fan of Nintendo's marketing strategy right now, and thinks Nintendo has a mountain of work to do before it's anything other than a distant third in the console race.
Pachter's not the only one to be filled with Wii U negativity; EA recently said it wasn't about to support a console that doesn't have a big audience. However these debates tend not to trouble the mainstream audience, which doesn't care who does what to whom in the gaming world. Except this time Pachter's telling the ABC News audience - the definition of mainstream - that "I don't think they're going to get that mojo back" and "why would anyone buy a Wii U" when there's a PS4 on offer for just $50 more than Nintendo's console. That's got to hurt.
"If Activision pulls support; if you see Ubisoft, you see Take-Two pull support," Pachter concludes, "the Wii U is a Nintendo-only gaming device which is the way they were back with the Nintendo Entertainment System in 1985." That won't sell many more consoles, and console sales are what Nintendo desperately needs.
Source: Nintendo Life