Nintendo NX Has To Be Priced Under $300 – Michael Pachter
This is based on the disaster that was the launch of the Wii U.
About all we know about the Nintendo NX is that the company wants to make better use of its IP for the next generation console than it has in the past. What we don’t know is how much the company is planning on charging once it finally hits the market. Industry Analyst Michael Pachter recently took some guesses at what he believes Nintendo should price the console, though he made it clear he has no inside info on whether the firm is going to follow his advice.
On episode 3 of his new show Pachter Factor which can be seen at Siftd, Pachter talks about his projections for the MSRP for the Nintendo NX. The analyst was specifically asked,”What price will Nintendo charge for its NX at launch? If it is really a console/handheld hybrid with industry-leading chips can it be priced less than $400? And who will buy NX, except Nintendo enthusiasts, for that price, assuming the massive install base of the PS4 and Xbox One by then?” And his response was that he doesn’t really have a clue what Nintendo will do.
What he did say is that he believes Nintendo needs to charge no more than $299 for the new console, and pointed to the horrendously bad launch of the Wii U when it had a price point of $349. Pachter also made the comment that when this console finally does launch, which will likely be the fall of 2016, the PS4 and Xbox One will likely both be carrying price points of $299. The analyst believes if the Nintendo NX is priced above those two consoles, it better be able to do a lot more.