Nintendo “Will Have to Abandon Hardware,” Says Pachter

Wedbush Securities analyst Michael Pachter has been known to piss off Nintendo fans every once in a good while, and it looks like he's done it again. 

Speaking at the Cloud Game USA conference (via GamesBeat), Pachter shared what sort of future he sees for the company as far as its hardware business is concerned, and, to no one's surprise, he doesn't see a particularly bright one.  

"They are more than a decade behind the curve, and they are so insular that there is no desire internally to learn from others," he explained. "Nintendo hardware goes away. There is a place for their content. There is no place for Nintendo hardware. Nobody cares. They will have to abandon hardware."

Pachter has spoken quite negatively of company in the past, so this is nothing new, but with Wii U sales still continuing to lag, do you think he's onto something? Are we headed toward a future where Nintendo only makes software?