Pachter: Nintendo’s ‘blown it’ with potential Wii 2

Industry analyst Michael “liquid silk” Pachter believes Nintendo has missed its window of opportunity with a Wii successor console, effectively “blowing” its chances to advance the market and create a competitive product. 

“With as much respect for Nintendo management as I can muster, I think Nintendo’s completely blown it with their second generation Wii strategy,” claims the fox. “I think they have the mentality that to launch a new [console] they have to retire the old, and I think that’s wrong.

“… They’re actually conceding that multiplayer market to Xbox 360 and PS3. They’ve always conceded it, but now with Kinect and Move, it’s a lot easier for people to make 360 or PS3 their starter console.”

Pachter believes Nintendo will suffer serious setbacks due to its inactivity in announcing a successor, and believes it won’t be able to regain its market position: “I just think Nintendo’s blown it; I think by the time they launch [their next console] if it’s Christmas 2011, it’s two years too late, and for sure one year too late. So it’s over — I don’t think they can ever recover.

“Wii sales will continue to decline and I think Wii 2 will not sell well. And third parties aren’t going to support it unless it’s really similar to a 360… and when I say similar, I mean so that it’s easy for them to port games from 360 to Wii 2. If Nintendo advances the technology, and it’s more powerful than a PS3, then no one’s going to support it. That’s a problem, and so they’re really stuck. If they were going to emulate the 360, which is what I thought they’d do, they should have done that in 2009. And if they’re going to advance the tech, then 2011 is really not the right year. They’re really in between right now.”

You’d almost think Nintendo wasn’t supremely rich and that the mass market somehow gave a shit about graphics, reading all this. 

Nintendo’s ‘Completely Blown It’ With Wii 2 Strategy, says Pachter [Industry Gamers]

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