Despite Nintendo planning to show of its next generation console, Wedbush Morgan analyst Michael Pachter believes that E3 2012 will be one of the more boring E3′s. Speaking to MSNBC Pachter claims that the reason E3 2012 won’t be as gripping as previous years is due to the fact that development studios seem content in throwing out sequel after sequel, rather than producing original games.
“It’ll be one of the more boring ones. We are in the unprecedented 6th and 7th year of the cycle. The industry isn’t that exciting because it’s all sequels, no new IPs, no new consoles and fewer games. So E3 is, by definition, just not going to be as exciting or interesting as it’s been in the past.”