" but now with Kinect and Move, it's a lot easier for people to make 360 or PS3 their starter console"

*facepalm.jpg*

So buying an x360 or PS3 and the motion control add-ons, thus paying more than before, is now easier than buying just a Wii.........

I want a job interview with Pachters boss!

Yeah, Nintendo should've created a Wii 2 equal in power to the 360, spending hundreds of millions, to go head to head with competitive hardware and the same kind of games the other consoles have! 'Cos that strategy worked marvelously for them the past 2 generations, and this gen's been horribly terrible for them! Nintendo can only dream of all the money both 360 and PS3 have made since release... oh wait. :/

So he thinks they should make an X360-esque console to compete right now (to say nothign fo what happens when MS and Sony release actual successors) but also believes if they release a console more powerful than PS3 that it won't gain any support at all?

Pachter, talk to investors.  It's what you are paid to do.  But for the love of all things sacred, keep your trap shut from the media.   You open mouth and insert foot so much I believe you have a foot fetish.

"and the management has accomplished a hell of a lot more in their careers than I have"

Well, he got one right...

The fans/harcore will always follow there heart. So, the real question is, where will the casual market go?
Honestly, when the new generation comes in for everyone, the casual market will already have a name on their minds! And that will be hard to change/screw up.

Nintendo is a 100 year old corporation and also the third highest grossing company in all of Japan. They have spent three out of five of their generations as number one (NES, SNES, Wii), and only one generation in dead last (Gamecube). Even when their platforms fail to achieve even moderate market saturation, they still turn an annual profit (unless the dollar to yen exchange causes them to lose money). By comparison, Pacther thinks he has some kind of sage like advice that he can offer?

Here is what really irks me.

" think they have the mentality that to launch a new [console] they have to retire the old, and I think that's wrong. I think the right strategy would have been to get a second generation Wii out and keep the old Wii at the same time, and have the second generation be the natural progression upgrade model," he said. "You don't see Mercedes stopping production of the E-Class because they have a C-Class... So they should let people start with the Wii and graduate to the Wii 2, and have online functionality and Call of Duty multiplayer on there and compete with the 360."

Isn't that what SEGA Did with Genesis/Megadrive? They had the market lead over Nintendo, three years in a row. They got so worried about the Playstation and trying to beat everyone to the punch, and they wound up losing their lead with the Genesis, because they had focused on the ailing Saturn, and they wound up failing. Heck, didn't SEGA do it again with the Dreamcast? Tried to jump ship too early on the Sega Saturn, wound up putting out a platform that to compete with the same platforms they were already competing against with the Saturn? Let's go ask SEGA if that worked out well for them.The only reason Sony has the PS2 limping along for this long, is because the Playstation 3 was an absolute flop when it launched and it literally took until late 2009 for the platform to finally pickup momentum. Nintendo has no real reason to withdraw the Wii platform. Yes its sales are on the decline, but it still turns a profit and manages to outsell its nearest competitor.

I LOL-ed.

Only if we pretend the Dreamcast never happened.

So basically they're fucked no matter what they do because they didn't listen to him?

Neat.

I am quoting you, as you seem to share similar thoughts as those who posted before you...  

I think that most of everyone is missing his point - even thought he is only stating the obvious again.  He is only saying that 2011 is the wrong year to have Wii2/WiiHD come out.  He thinks that if you were going to make a medium upgrade to the Wii(thus make it equal to a 360), they should have done it already.  He thinks that if they do a Major upgrade(equal in type to a PS4/X720?) now, that just like the PS3, it will take the developers too long to "get it" as far as making games for it.  So, he is saying that they should stand pat for now...  He thinks that instead of declining sales like 2010 and probable again for 2011 that they could have had gains had they brought out a medium upgrade to the Wii in late 2009 or sometime in 2010.

Is he right?  Too late now to know for the last 2 years, but i doubt Nintendo is going to kill the cash cow before they can get all the milk out of it first.  Wii2 will not come til the end of 2012 at the earliest...

And yes, i had a Megadrive and a Genesis(after the Megadrive failed).  Too bad they were the exact same thing...