Michael Pachter, managing director of equity research at Wedbush Morgan Securities, expects the new PSPgo to sell approximately 1 million units over the holiday period, mainly to hardcore gamers that feel the need to own the newest hardware as soon as possible.

But other than this, he expects the PSPgo to struggle at it's $249 price point (which is more than an Xbox 360 and a Wii), and expects that Sony will have to make significant changes in early 2010.

"I think they're [Sony] going to be put in the position of having to discount that thing [PSPgo] after the holidays," he says. "I think it settles down to $199 and the [existing] PSP-3000 goes to $149.

http://www.ps3center.net/news/3777/pachter-pspgo-going-down-to-199-after-holidays/"

I think he's wrong - for one, why would they drop PSP Go price $50, but PSP-3000 only $20?

1 million? For a handheld that is pretty lukewarm in terms of sales- especially over the holidays.

The DS does what, 350k a week on average? Patcher doesn't have a lot of faith in the GO it seems :\

Pachter is talking about US, not worldwide sales.

thats still very low

When patcher isn't completely wrong, he's stating the obvious.

Low? PSP Go will be lucky to sell 1 million in the US by the end of the year.