Wii 2 Delay Is Hurting Nintendo

BanjoTed writes "Michael Pachter's ongoing spat with Nintendo regarding the Wii 2 is well documented. Pachter is sure it's coming, Nintendo says it's not. Now the analyst has gone one further by claiming that the declining sales of the Wii documented in the platform holder's recent financial statements will only get worse unless it speeds up attempts to get its successor to market. He said, 'The reason for this is clear: the software being created is just not interesting enough or compelling enough to drive Wii owners to buy more than two [games] per year, and most of those purchases are first party software. We can blame the third party publishers for making shovelware, or for misjudging the Wii market, but the simple fact is that the publishers have to develop completely separate games for the Wii because its CPU is not powerful.'"

Comments

Re:Who is Michael Pachter?

[bloodhawk]

He's is the so called analyst with perhaps the worst track record in predicting what is happening in the gaming industry.
Eg here is his prediction at the start of this generation of gaming consoles.
"In 2010, Sony’s going to have 55%, Microsoft’s going to have 35% and Nintendo 10%, with all three of those having plus or minus 5%."

Re:Gee, didn't someone get lynched for saying that

[phantomfive]

I don't know if you've been paying attention for the past few years, but Nintendo has been making money hand over fist since the Wii was released. Unlike Microsoft and Sony, Nintendo doesn't use their console as a loss leader, they make a ton of cash with each sale, and make money on the games as well. This 'analyst' hasn't analyzed very well.

Re:Gee, didn't someone get lynched for saying that

[Fritzed]

You could actually look it up, and you would see that the Wii is still doing better at this point then the PS2 was doing this many weeks after launch.