Pachter - Nintendo hardware sales dragging down NPD

"We continue to believe that sustained software sales growth will remain elusive until hardware sales rebound for an extended period of time. In our view, given the 3DS's weak debut and the limited impact from May's Wii and June's DS Lite price cuts, a rebound is unlikely to happen until Microsoft and Sony cut the price of their consoles." - Wedbush analyst Michael Pachter

It's funny how Nintendo used to be the king of the gaming world not that long ago, and now they're being blamed for all the industry problems. Let's hope Nintendo can turn this mess around.

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