Pachter - Microsoft, Sony think Nintendo's glory days are behind them, Wii U's head start won't matter

"Yes, they'll give Nintendo a head start, and no, neither of them is concerned about the impact of a head start. They won't say it, but both manufacturers think Nintendo's glory days are behind it. I don't think the Wii U's head start will make much difference at all, since I don't expect it to be any more powerful than current generation consoles, but maybe Nintendo will surprise me." - Michael Pachter

We've seen that the head start in the console race hasn't mattered with other platforms, so I can see that point. As far as the Sony/Microsoft statement, I guess we'll never know. I doubt either company would comment on that.

Link