Game analyst Michael Pachter, whom we just can’t stop writing about on the site here apparently, predicts that Nintendo will slash the Wii U price by $50 in 2013.
He sort of predicted this several months ago as well, saying that competition from the next-gen consoles from Sony and Microsoft will force Nintendo to cut the price of the Wii U.
Another reason he believes the price will be cut is that it’s too high for a mass market consumer device. After the initial Nintendo base has purchased their Wii U consoles, Nintendo will have to slash the price to get the average consumer and gamer to consider buying the system.
In theory, Pachter’s words make sense, but keep in mind that Nintendo went years without cutting the price of the original Wii, even after the competition had cut the price of their consoles several times.
Nintendo has confirmed that it loses money on each Wii U console sold, which means they probably aren’t too keen on cutting the price just yet. It’s entirely possible that we’ll see the console bundles get more value. For example, the Basic set could get a bundled game, while the Deluxe could get another game or Wii U eShop discounts.
Pachter’s predictions came in the latest episode of his show Pach Attack, which you can watch here.
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TAGS: business, michael pachter