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But that won't stop consoles from selling big[Update: Keighley has produced another slide in which Pachter predicts that "Durango" will be the generation leader because it has a TV tuner and Skype. Also, there will be no more publisher bankruptcies. Yeah, fat chance.] Wedbush Securities analyst Michael Pachter most definitely has sweet side, but it's his sour side that's so much fun to talk about. The latest stop in his carnival of flavors is SXSW 2013 in Austin, Texas, where he made the oft-repeated prediction that this latest round of home consoles will be the last we ever see. Of course, he said the exact same thing about this past generation, but I'm sure his number is bound to come up eventually.   
GT.TV's Geoff Keighley was in attendance, snapping photos of Pachter's PowerPoint presentation and uploading them to Twitter. In addition to claiming that PS4 and Xbox "Durango" games will likely retail for $70, despite what Sony Computer Entertainment America CEO Jack Tretton insists otherwise, Pachter also offers his thoughts on the quality of tech. Clearly, Wii U is nothing more than a DS split in half and offers no significant potential for software innovation, while the PS4's large RAM pool means games on that machine will probably be super innovative.
Even though console gaming's days are numbered, total hardware sales will remain steady. The Wii U is projected to only hit 30-50 million, down from Wii's roughly 100 million. Based on all its innovative RAM, PS4 will achieve 85-95 million, up from PS3's 73 million. And we know absolutely nothing about "Durango" -- it'll have a TV tuner maybe? -- so of course that ensures another 85-95 million, up from 360's 75 million. If that's the future of this market sector, it's totally obvious why all the major console manufacturers will jump ship. Those numbers sound terri-bad! Where would we be without your awe-inspiring insight, Mr. Pach? @geoffkeighley [Twitter via NeoGAF]
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1:00 PM on 05.15.2013 Pachter: Wii U sales continue to sink as Wii outsells itIndustry analyst Michael "Veggie Kisses" Pachter has forecast even more troubling times ahead for Nintendo and the pauvre Wii U, estimating a lamentable sale of 55,000 units in the past month. This would mean a drop in monthl...
10:15 AM on 04.16.2013 GOW: Judgment and GOW: Ascension failed, says analystRecently, the PS3 and Xbox 360 each saw prequels for their leading franchises -- God of War: Ascension and Gears of War: Judgment. According to analyst firm Cowen & Company, the two GOWs failed to impress at retail. ...
10:30 AM on 04.09.2013 Pachter: Nintendo should leave the console businessIn the latest episode of Michael "Frisky Buns" Pachter Says Things About Nintendo And Everybody Gets Angry, the industry analyst was asked if he hated Nintendo. The slick-tongued gentleman said he didn't actively dislike the ...
4:30 PM on 03.11.2013 Pachter: Nintendo is bad and Iwata is a poor CEOIndustry analyst Michael "Rainbow Pecs" Pachter is laying siege to Castle Nintendo once again, with one of his harshest appraisals of the company yet. Rather than beat around the bush, the silver-tongued stallion has directly...
2:00 PM on 03.10.2013 Pachter: Next-gen games cost $70, no more consoles after[Update: Keighley has produced another slide in which Pachter predicts that "Durango" will be the generation leader because it has a TV tuner and Skype. Also, there will be no more publisher bankruptcies. Yeah, fat chance.] W...
12:30 PM on 03.02.2013 The ten most meaningful videogame quotes of all time[This month, Destructoid turns 7 years old! Here's the top article of this weekend back in 2008. You can browse more of these in our Golden Archives. Nostalgic yet? -Niero] Call me a weakling, but it's been more or less forev...
9:30 AM on 02.19.2013 Pachter talks more about Nintendo's Wii U 'mistake'Following yesterday's angry protests from Nintendo fans, industry analyst Michael "Fishy Sunday" Pachter took to NeoGAF to clarify his statements.There was uproar when Pachter said the Wii U was a mistake Nintendo may never r...
9:30 AM on 02.18.2013 Pachter: Nintendo may not recover from Wii U mistakeIndustry analyst Michael "Chewy Homunculus" Pachter has been saying for years that Nintendo missed the boat on an HD Wii followup, and now he believes his predictions have yielded fruit. Framing the Wii U launch as a disaster...
7:15 PM on 02.15.2013 Pachter predicts PS3 price plummetWedbush Morgan Securities' Michael Pachter seems to think that a price drop is imminent for the PlayStation 3. GamesIndustry is reporting that the analyst expects the console to have its MSRP reduced to $199 on February 21st,...
3:45 PM on 02.11.2013 Pachter: UK retail scene is a jokeIndustry analyst Michael "Glowing Tooth" Pachter has criticized UK retailers for their constant attempts to undermine each other in videogame price cuts. The situation is nothing more than a joke at this point, according to t...
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