Pachter On Next-Gen. NeXbox and Sony will be a success, WiiU crappy product

[DanneSandin]

RolStoppable said:

DanneSandin said:

That doesn't change the fact that what Pachter is observing now with Nintendo is any less right. His observations are right regarding Nintendo at their current state. He says 3DS will probably continue to sell around 15m a year, which seems reasonable enough, and that Wii U isn't doing to well, which it isn't.

And I can understand why Pachter thinks the Wii U is 2 years too late; had it come out in 2010 the whole tablet controller would still be new, and Nintendo would have caught up with MSony with regards to online services, and it would have been graphically on par with the PS360. Now, it's too little too late. I'm not saying that Pachter is right in thinking this, but I can see why he is thinking like that.

From a business point of view Wii U will not do as well as Wii, and will probably struggle to keep up with PS720 - and therefore it will be a bad investment to invest in, and it's this that Pachter is talking about. Is he wrong? Tell me truthfully, without side tracking about Pachter's thought on Wii HD and such; is Nintendo a good investment right now, and do you see it changing withing the short term? And this will probably be the biggest year for the 3DS with Pokémon and AC:NL releasing in the west, but after this year it'll probably decline in sales - perhaps not by much, but this year (or the next one) will be the high point of the 3DS, and the Western market haven't even caught on yet. Do you see Nintendo's fortune's improving here on?

It doesn't take a genius to observe that Nintendo isn't in a good state right now. Pachter stating the obvious is nothing he can be proud of. This is the man who suggested that Nintendo should sell the 3DS for $299. As an analyst, it would be good, if he actually got things right before they happen. What he's doing in regards to Nintendo is pretty much "a broken clock is right twice a day", because his outlook for Nintendo's home consoles has always been negative.

You can understand Pachter, because you hold similar ill-beliefs. A tablet controller wouldn't have caught on regardless of the timing. Thinking that a tablet controller is a good thing is the same as believing that consoles should ship with a mouse, because it is the popular input device for flash and browser games. Besides, the entire idea of catching up to Sony and Microsoft is so misguided when all that time it was Nintendo who was profiting. Nintendo has truly caught up now, because they have been throwing money out of the window.

Your final question is if Nintendo's situation is going to improve. To that I have to say yes, because they've already hit rock bottom, the yen is weakening, they have a period of big games ahead of them which will drive hardware and software sales, plus Sony and Microsoft aren't going to have smooth launch periods. Nintendo's stock isn't going to rise to heavens, but there's definitely potential to see gains. The stock just needs to be sold before third parties at large move into the eighth generation in full force and shun Nintendo.

I do agree that his statement that Nintendo should have sold the 3DS for $299 was really, really stupid - but that doesn't make all of his statements stupid.

You're basically saying that the tablet controller was a bad idea, right? "A tablet controller wouldn't have caught on regardless of the timing." In that sense you and Pachter actually shares the same opinion. He also thinks it's a bad idea. And when he's talking about catching up to MS and Sony it's clearly in regards of online services, which the Wii was severely lacking. And they might have caught up now, but when PS720 is released they might be left in the dust again, and people therefore wouldn't buy Wii U since the online (might) be much better on PS720. I think Pachter does have a point here; had Wii had a better online function they would have been in a better spot now.

So, basically, Nintendo could be a good investment in the short term? Before the 8th gen truly gets rolling?