“I think that if in fact it’s a lot like an Xbox 360 in terms of graphics, frame rate and control scheme, then it’s probably not going to sell well unless it’s priced a lot cheaper, and I don’t think they’re launching the console at $150."

Agree. Nintendo needs to show at E3 everything this console can do.

“So, yeah I think they are about to Dreamcast themselves. I don’t think Wii U is going to be as popular as probably Nintendo thinks it’s going to be. Question is, what does Nintendo do next, and I don’t know the answer yet. Let’s see howWii U sells, and I’m not going to predict this demise until I know pricing and features. When I know more about it, I’ll offer a better opinion.”

Doubt it he can offer a "better opinion" with or without specs.

Wii U... not popular eh?  Let's see a glimpse of the future:

...It speaks for itself.

Pachter not as correct as probably Pachter thinks

Michael Pachter always tries to apply the traditional rules to Nintendo's business planning and it never pans out the way he continually thinks it will. You'd think he would have learned that by now.

Wii launched alongside PS3 as a competing platform and it had GAMECUBE graphics and a wand controller. It sold like hotcakes for five years, while PS3 has never managed to get out of third place. If that doesn't prove that the normal game console rules don't apply to Nintendo, then I don't know what will.

When is this old fuck pach-ter ever right? He needs to remove his lips from Nintendo's dick.