This weekend at South by Southwest in Austin, Michael Pachter gave a presentation concerning the future of the video game industry. In the presentation, Pachter addressed the future of home consoles, branding the Wii U as “underwhelming” and nothing more than a DS split into two parts. He also mentions that the console is “not innovative enough to drive huge interest”. Perhaps the only positive thing Pachter had to say about Nintendo’s console was that new titles would certainly generate sales boosts for it.
Pachter labelled the PlayStation 4 as impressive and likely to sell between 85 and 95 million units in its lifetime. He even made mention of Microsoft’s as of yet unannounced Durango project, making a few predictions as to what we’ll see when the Redmond giant finally gets around to announcing their next console. Pachter is certainly not popular around here and his opinions are even less so, but it’s important to remember that stockholders and investors look to his opinion when it comes to investing in companies.
It’s unfortunate that Pachter feels as though the Wii U won’t be competitive against Sony and Microsoft’s new consoles when the console hasn’t seen any system seller games yet. What do you think?
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TAGS: industry news, michael pachter