Wedbush Morgan’s famous analyst Michael Pachter has predicted at an industry event that Microsoft may delay the launch of the next Xbox, or Xbox 720 as it is normally called, till 2014.
He has backed up his prediction with solid reasons, although I expect the opposite to happen with Sony and Microsoft both launching next year to enjoy the fruits of holiday 2013 in the US.
Here’s what he had to say: “We still have no indication of specs, timing or pricing for the Wii U, which is slated to launch some time before year-end, but Nintendo will announce a launch date and price next week, with a price point of $299 – 349 likely,” he said.
It’s funny in some way that there has been a very convincing rumour recently that the Wii U’s lowest base model will be priced at $250 which doesn’t match with Pachter’s predictions.
“We have heard no word yet from Microsoft or Sony about their plans to launch new consoles, but both manufacturers are widely expected to launch consoles by year-end 2013. Although we believe that Microsoft could delay a new console launch until spring of 2014 in order to accommodate what is certain to be overwhelming demand among hardcore gamers.”
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