Michael Pachter has predicted that Nintendo sold 65,000 Wii U units in the U.S. in August, outpacing the console’s sales numbers during the same period last year by approximately 111 percent. The famed Wedbush analyst’s estimation is based on the performance of the Wii U-exclusive racing game Mario Kart 8, which has sold more than one million copies in the U.S. alone. Pachter also predicts that total Wii U software sales reached $12 million last month.
Michael Pachter has predicted that the PlayStation 4 will likely outsell the Wii U by the summer. The Wedbush Securities analyst is adamant that Sony’s latest system – which launched in November 2013 – will surpass the Wii U console’s lifetime sales in 2014. Pachter previously said that he thinks Wii U will sell less than 20 million units by 2016.
Famed web analyst Michael Pachter has been sharing his views on Nintendo at this year’s London Games Conference – and it’s not exactly pretty. In a string of tweets posted by MCV and Games Industry Biz, Pachter has stated he thinks the Wii U is “toast” and that 30 million units is all Nintendo can achieve in future sales – the company is still hoping to reach its goal of 9 million units by the end of this financial year.
Adding further insult to injury, Pachter claims Nintendo’s home console is just “a DS that’s split into two”. But he didn’t stop there and turned his attention to Nintendo fans saying they should “stop criticising him for his Wii U comments and just buy a Wii U. Because they haven’t.” Let us know what you think of his strong words in the comments below.
Wedbush Morgan analyst Michael Pachter has revealed via Twitter that both console and handheld software sales were the lowest since May 2000. Nintendo of America announced earlier today that the Nintendo 3DS was the best-selling video game platform in North America during May. Sounds as though it was another terrible month for North American video game retailers.
“I can’t/won’t publish any data from the NPD, but found it interesting that software sales for console/handheld were lowest since May 2000″
Wedbush Securities analyst Michael Pachter says that if the Wii U doesn’t gain momentum by the end of the year, third-party publishers will decide to not bring their games to the console. According to Pachter, if the Wii U doesn’t become more popular, it’s possible for Nintendo’s console to be a first-party-only platform. Pachter expects Nintendo to slash the Wii U console’s price by $50 by the end of the year. Pachter’s opinions on Wii U’s third-party situation can be read below:
“In addition, if the Wii U’s popularity does not improve by the end of the year, many third-party publishers may pass on producing games for the console. We note that EA recently announced that it had no Wii U games in development, and it remains a possibility that the publisher will abandon the platform entirely. Should other third parties follow EA’s lead, the Wii U could be relegated to a first party only platform.”
Famed web-analyst Michael Pachter has given Nintendo fans food for thought in his latest Pach-Attack show. This time, Pachter appears less enthusiastic about sharing his opinions, but today he’s brought Nintendo’s decision to skip their annual E3 presentation to the table, and he cuts straight to the bone.
Pachter, answering the question from twitter as to whether Nintendo’s decision to skip the E3 press conference was a good business decision, responds as follows:
“I think it is a crappy decision because you don’t get many opportunities when you’re a console manufacturer to have the entire world focused on games. So it’s the one time a year that you can be certain that everybody cares [...] I think that from just a basic decision it’s an opportunity for Nintendo to really show off a lot of stuff.
“But you asked was it a good business decision and, from your basic economics, it’s a profit deal. If you’re expected revenues from spending money are bigger than the amount you have to spend to generate those revenues, then it’s a good business decision.
“I think that Nintendo gave this a lot of thought – they said we don’t really have anything new to show, [...] we don’t really have any new Wii U games that are going to shine that are playable and, oh by the way, the reason that Fox News, ABC, etc, are all here is to look at the next Xbox and PS4, then we’re just going to look bad next to them.
“I think not doing it, probably, is a good business decision. I just think, as a gamer, and as someone who is interested in the industry, I would prefer to see everybody represented at every show. Nintendo made a business decision, and ultimately, it is probably the right one.”
So, Pachter believes it is a good business decision for Nintendo to avoid an E3 presentation this year, but what do you think? Let us know in the comments below.
Renowned Wedbush research analyst Michael Pachter has admitted he doesn’t understand Japanese companies or their motivation for releasing games. The latest Pach-Attack comes after he defended Nintendo’s software strategy, but in a question submitted about a Final Fantasy VII remake from Square Enix, he appears to have slipped back into his age-old ways. Pachter said: “I don’t think Nintendo is unique in being inscrutable. I don’t get any Japanese developer, I don’t know what motivates them, especially in how they release games into the West. Final Fantasy is just one of those franchises I just don’t get.”
Moving on from Final Fantasy, Pachter answers a question deliberating whether it is a riskier option to become an ‘everyone’ console, or a specific ‘hardcore’ software. Turning a comparison from the Wii’s everyone and non-traditional market to the Wii U’s ‘traditional games market’, Pachter said it was a mistake made by Nintendo.
He continued: “Nintendo had a huge success in expanding into the non-traditional market – that’s 25-year-old women who play Guitar Hero, 45-year-old women who play Wii Fit, 65-year-old women who play bowling – that worked and they sold a lot of consoles, but those people didn’t really embrace other software titles [...] so I think that you can make money if it resonates with everyone but ultimately it causes you to make mistakes like the Wii U.
“Nintendo thought all these same people would line up and play the Wii U [...] and those non-traditional people didn’t embrace it. I think Nintendo is going to be lucky to sell 30-40 million Wii U’s, they might sell 20-25 miliion which makes it more like a GameCube, but we’ll see.”