More Reviews
REVIEWS Grim Fandango Remastered Review
This little light of mine. I'm gonna let it shine. Let it shine, let it shine, let it shine!

Funk of Titans Review
It’s always particularly tough to find the funk of a game when it already doesn’t have much rhythm.
More Previews
PREVIEWS The Legend of Zelda: Majora's Ma Preview
I wish I could claim some mastery over this topsy-turvy classic starring elf boy who saves princess. Predictable, right?
Release Dates
NEW RELEASES RUGBY 15
Release date: 02/01/15

DEAD OR ALIVE 5 Last Round
Release date: 02/17/15

Dragon Ball XENOVERSE
Release date: 02/24/15


LATEST FEATURES LyteShot Blasts Laser Tag Into the Future
It's a wand. No, it's a sword. Wait, it's a gun. Oh, it's a LyteShot.

Developer Spotlight: Rockstar Games and the Case for Innovating DLC
We’re looking at some of our favorite or highly regarded developers to kick off 2015, though a wag of the finger goes to Rockstar for leaving us hanging.
MOST POPULAR FEATURES PlayStation Downloads January & February 2015 - Monopoly, January's Free PS+ Games
Have you been playing online with your PlayStation devices? Make sure to get these free games for the month of January in our weekly update feature.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437
Finally Broke My Crowdfunding Rule
By oblivion437
Posted on 01/12/15
I've had a long-standing rule to avoid getting involved in any sort of crowdfunded activities.  I didn't donate to Shadowrun or Wasteland, but I did buy and enjoy both of them (I'm plugging both of those games right now, just so you know they're good).  I haven't...

GAMING NEWS

Pachter Thinks Wii U Is Priced Too High For Mass Market, Price Drop Coming Next Year

Posted on Friday, September 14 @ 07:52:07 Eastern by Alex_Osborn


It's no secret that Wedbush analyst Michael Pachter isn't all that liked by the Nintendo faithful. Perhaps it has something to do with his ongoing skepticism toward the Wii U? Or maybe it's his direct comments toward the Nintendo fanbase, making them out to be blind sheep willing to go wherever Miyamoto leads? Regardless, Pachter is at it again, this time commenting on the Wii U's launch details.

As was announced yesterday during Nintendo's Wii U launch even in NY, the console will come in two flavors: a basic model for $299 and a premium model for $349. According to Pachter's "expert" opinion, while not too expensive for the Nintendo fan, the price is high enough to scare off the average consumer. As such, gamers can expect a price slash sometime next year.

“We think that Wii U’s price points are appropriate given likely demand from Nintendo’s core fanbase, but believe that pricing will be too high to sustain demand given current competition from other consoles and tablets,” Pachter explained in a research note (via CVG). 

The analyst does give kudos to Nintendo for squeezing as much money out of its fanbase at launch. "In our view, Nintendo was smart to introduce the Wii U at higher price points in order to maximize initial sales from its core audience." However, after the excitement dies down by mid-next year, the $299 price of entry will need to drop. "We expect demand from Nintendo's core fan base to remain high through the end of its March 31 fiscal year. Once initial demand begins to subside, we expect Nintendo to lower prices.

"We don't expect a price cut until summer 2013, at the earliest, but do expect a cut prior to holiday 2013. Any prospective price cut will depend largely on competition, which we expect to materialize in the coming weeks."
Tags:   Nintendo, Wii U
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus