Pachter: "I think Nintendo becomes completely irrelevant"
Posted by Damien McFerran
Outspoken analyst casts doubt on Nintendo and Wii U's third party appeal
Michael Pachter - Managing Director of Wedbush Securities and someone who can always be relied on to stir up emotions - has made some interesting comments regarding Nintendo at the Digital Game Monetization Summit in San Francisco.
Speaking mainly about the state of the games industry as he sees it, Pachter focused on a wide range of topics, two of which were Nintendo and its new Wii U console.
He stated that he was unsure about the long-term future of third party support for the fledgling system:
I think you're going to see now with the Wii U, notwithstanding its early launch support, nobody's going to support it. I don't think we're going to see every game on the Wii U next year. I think when next-gen consoles come out they're going to be better than the Wii U. Call of Duty is amazing on the Wii U this year. The problem with playing Call of Duty online is it's a community and if there's only four people playing it on the Wii U it's no fun. Nobody in their right mind would buy a Wii U and say 'I'm going to play Call of Duty.' That's like saying 'I gave up Facebook, and it's Google+ now'.
Later in his presentation, Pachter turned his attention to Nintendo itself, communicating his opinion that Nintendo's once-dominant grip on the industry has weakened as other platforms have increased in popularity:
I think Nintendo becomes completely irrelevant. They have their niche, Nintendo's first-party content is great content, and hardcore people will keep buying their consoles, but they're not going to only play with Nintendo consoles.
Other topics covered were Zynga's spectacular fall from grace and Activision's decision to make Call of Duty's online element free to play - something which Pachter feels is a costly mistake given the massive subscription revenues earned by games like World of Warcraft.