Nintendo isn’t a good investment, says Pachter

He revealed why investors should be wary of investing in Nintendo.

Posted By | On 09th, Apr. 2013

Nintendo isn’t a good investment, says Pachter

Wedbush Morgan analyst Michael Pachter revealed why he thinks Nintendo isn’t a good investment for investors and said that they have missed a lot of opportunities.

“No, I don’t hate Nintendo at all. I think that they have missed several opportunities on the hardware side, waited too long to provide multiplayer options and generally have alienated third party publishers across the board,” he told Nintendo Life. “Each of those missteps is likely to cost them in the next console generation.”

“I don’t think Nintendo is a good investment, as I don’t see the company returning to its past success with its current products in a more competitive environment.”

He also doesn’t see the Wii U succeeding without third party support.

“I don’t think that the Wii U can succeed without a lot of third party software support, and don’t see third parties supporting it until it grows its installed base,” he revealed.

“Those things are correlated: a small installed base means less third party support, and the installed base can’t grow without third party support. If Nintendo can somehow convince third parties to develop exclusives and to develop cross platform games for Wii U, it has a chance. However, with games like Battlefield and GTA coming out without Wii U versions, it doesn’t appear that the third party support will be forthcoming any time this year.

“The Wii U is closer to the GameCube (23 million) than to the Wii (99 million). At its current price point, I think it will sell as well as the GameCube. If Nintendo cuts price to $199, it will probably sell better than the GameCube.

“If they cut price to a point below $199, it should sell much better than the GameCube. All of this is dependent upon Microsoft and Sony pricing their new consoles above the Wii U price; if they price below, I think the Wii U is in trouble of underperforming even the GameCube.”

Those are some scathing words but they are also true when you look at the system’s sales.

Tell us what you think in the comments section below.


Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Cris Tales’ Opening Cinematic Revealed

Cris Tales’ Opening Cinematic Revealed

Cris Tales will release on Xbox One, Xbox Series X|S, PlayStation 4, PlayStation 5, PC, and Nintendo Switch on...

A Plague Tale: Innocence – Xbox Series X/S Update Out on July 6th

A Plague Tale: Innocence – Xbox Series X/S Update Out on July 6th

Free for Xbox One owners of the title, it provides options like 4K UHD (but only on Xbox Series X), 60 FPS and...

Senua’s Saga: Hellblade 2 Combat Will be “Extra Real and Brutal”, Work Montage Revealed

Senua’s Saga: Hellblade 2 Combat Will be “Extra Real and Brutal”, Work Montage Revealed

The development team is currently "building a good chunky slice of the game before moving to full production" ...

Metroid Dread Marks the End of the Mainline Saga, but May Also be Setting up a New Arc, Producer Says

Metroid Dread Marks the End of the Mainline Saga, but May Also be Setting up a New Arc, Producer Says

Series producer Yoshio Sakamoto says that even though Metroid Dread is ending a 5-game story arc, it also sets...

Far Cry 6, Resident Evil Village, and More Will Support AMD Fidelity FX Super Resolution – Rumour

Far Cry 6, Resident Evil Village, and More Will Support AMD Fidelity FX Super Resolution – Rumour

A new report claims to have details on which games will support AMD FSR at launch, which will be added support...

Pokemon Unite Launches for Switch in July, Mobile in September

Pokemon Unite Launches for Switch in July, Mobile in September

New launch information provided for Pokemon Unite across all platforms, with cross-play across Switch and mobi...