The all-seeing seer has spoken everyone! Pachter has, yet again, offered the foretelling of the future for Nintendo, and he says the price will not be able to maintain itself after the holiday season, and a drop in cost will be inevitable come summer of next year. However, he does believe Nintendo’s current price point is perfect for the coming months, as the Nintendo fans and clamoring kiddies alike will make the hardware profitable.
“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. 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. We expect 1 – 1.5 million Wii U units to be shipped into the US by the end of GameStop’s fiscal year. 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.”
Personally, I don’t see a price cut for the Wii U very soon. The Premium bundle is already selling out everywhere, and I’m sure the Basic one will too, once the marketing starts up. Bodies were ready for the Wii because of its motion controls, and I’m positive more bodies will be ready for the GamePad and asymmetric gameplay. What do you think? Is Pachter right no matter what reality actually says? Is Pachter the best man on Earth? Is Pachter always correct? Although the answers to these questions are obvious, leave your thoughts in the comments below.