Pachter - Wii U and Nintendo are 'toast'

[Koopzilla]

The PS3 launched at $600 originally, and sold like a slug at first because of that. It was hardly "toast", in retrospect, was it?

right.
I wonder if Pachter claimed Xbox 360 was toast when it launched at $399 when you could get a PS2 with an Eyetoy for half as much. Or i Pad 2 was toast when it came out because you can get an i Pad for cheaper?
Since when does new hardware ever come out and is cheaper than 6 year old hardware? This guy is completely clueless. I guess his brain is toast. I guess he's good for something, if you are an investor it's always a safe bet to do the complete opposite of what he says.

[Lofty The Metroid]

"I think the Xbox 360 with Kinect will be priced below that by the time they launch."

Having made this statement, I think Mr. Pachter is under the impression that Wii U is a "Wii HD". He thinks it won't bring to the table a sizable power increase.

Unfortunately, it seems as if the extent of Mr. Pachter's market research is reading IGN and GameTrailers comments. For someone who's paid to know what they're talking about, you'd think he'd be more on the up and up. :/

[kdognumba1]

Ugh, Pachter needs to stop trying to predict the unpredictable.

[Gipsi]

I don't know why are people whining here so much about him? Do you think you should pay more for your Wii U than 249 $? Or that we europeand should pay for it more than 250 pounds? (because thats always the case, we pay the same amount only in pounds... which is not fair honestly). Because I don't. If I will have to pay more than 250 pounds for a console which power indicates that it could have been released a few years ago than I'm going to wait for a price cut, like most people did with 3DS which was largery overpriced for the power that it had.

[HylianTom]

One time when I was sick as a dog, my bf fixed me cheesy toast, with the pieces cut into triangles. He made me a Triforce Toast plate, taking the forth piece for himself.

So when I see "Nintendo" amd "toast" mentioned together, this is what I think of. Tasty, tasty gaming.

[LegendofSantiago]

@Gipsi but the Wii u is more powerful than the 360/ps3, why should it cost the same?

[Zug Zug]

I think they're toast anyway, trying to convince an audience outside of their dumbass demographic, that their 5-year failed products are just starting to come into their prime.

I want to take this and post it on Gamespots forums.
Just so I could get some nerdrage from the X-bots and Sony Drones on that website.

[Carbondog]

MMMM... Toast! I love toast!

[Da_RaY]

Lol that is funny

[Devil_Rising]

I don't know why are people whining here so much about him? Do you think you should pay more for your Wii U than 249 $? Or that we europeand should pay for it more than 250 pounds? (because thats always the case, we pay the same amount only in pounds... which is not fair honestly). Because I don't. If I will have to pay more than 250 pounds for a console which power indicates that it could have been released a few years ago than I'm going to wait for a price cut, like most people did with 3DS which was largery overpriced for the power that it had.

How was the 3DS "grossly overpriced for the power that it had"? There had been nothing comparable to it's power on the handheld market (meaning dedicated gaming devices) beforehand. I'd say the 3DS is about on par with the Gamecube in terms of graphics power, perhaps even a bit more. The PSP wasn't as powerful even as the PS2. Hence, until the Vita just came out, the 3DS was the most powerful handheld on the market. And that is to say nothing of the fairly new and innovative "glasses free 3D". So I don't think the price hurt it that much...what HURT it was the lack of "MUST HAVE" games around launch. The drastic price drop certainly helped it sell better. But Mario Kart and Super Mario 3D Land take much more of the credit for that. Had even ONE of those been available at launch, the 3DS would have sold like hotcakes, price or not.

And how is more than $250 too expensive for a console that is supposed to be MORE powerful than the PS3, and with the addition of as-yet-unseen-on-the-market Tablet controller with instant streaming features between the console and controller, as well as as-yet-unexplained additional technology that is supposed to....what.....read things in a 3D space? There is far more to the Wii U than what we've yet been told (which is next to nothing), and yet STILL, the system is going to be damn powerful by any measure, and the controller tech will be very innovative. I'd say $250 would be damn cheap, and personally am STILL expecting it to be more like $300.

[MrChewtoy]

You gotta toast toast

But seriously, how would an extra $10 on a price that we don't even know make Nitnendo "toast"?

[jasonmaivia]

You gotta toast toast

But seriously, how would an extra $10 on a price that we don't even know make Nitnendo "toast"?

It reminds me of how someone can look at a price tag in stores and see $3.99 instead of $4.00. That one cent knock-down can change how someone looks at things while shopping. You'd even have some people say/think "It's about "$3...$4" instead of just saying $4 from the start. Just seeing that 3 instead of a 4 does some good for those trying to sell, which is why you a lot of more expensive items, like computers and TV go for $x99.99 or $x49.99.

[jasonmaivia]

Wii U will have to compete with two really strong competitors. Their userbase is happy and thriving, while Wii is dying with a dried-up software lineup. This holiday season, Nintendo will have to pull back those who've already abandoned them, which won't be easy. The Wii didn't do it, which, instead, caught the attention of those who Nintendo considers the "blue ocean" market. If Wii U fails to repeat this, it'll fall behind.

The majority of the Wii audience didn't even support the console after being bought, with many of them not doing more than playing Wii Sports and maybe a few other games. It's hard to think that after all of these years of *not* buying Wii games (for a console they already own) that they'll actually spend hundreds of dollars for another "Wii machine".

[Devil_Rising]

Well folks, you just heard it from Jasonmaivia. Guess the Wii U is doomed to failure.


Thanks Pachter Jr.

[jasonmaivia]

Well folks, you just heard it from Jasonmaivia. Guess the Wii U is doomed to failure.


Thanks Pachter Jr.

Well...I never said that Wii U was doomed. But if Nintendo only attracts core Nintendo fanboys to the Wii U, it'll be the Gamecube all over again for them (and us). If gamers won't stay interested in playing/buying the console, third party developers aren't going to be interested with selling their games on it either.

I'm hoping that Wii U succeeds so that I can have the best 1st part and 3rd party games on one console. A sizable user base is also important for 3rd party companies to decide weather or not it's worth the effort to make games for the console.

[MrChewtoy]

You gotta toast toast

But seriously, how would an extra $10 on a price that we don't even know make Nitnendo "toast"?

It reminds me of how someone can look at a price tag in stores and see $3.99 instead of $4.00. That one cent knock-down can change how someone looks at things while shopping. You'd even have some people say/think "It's about "$3...$4" instead of just saying $4 from the start. Just seeing that 3 instead of a 4 does some good for those trying to sell, which is why you a lot of more expensive items, like computers and TV go for $x99.99 or $x49.99.

Although in those situations (for example with games) you can compare prices, so even saving less than a pound or dollar is appealing. Whereas with a console (which are all different), not only is it tougher to compare price wise with another console, but most retailers will sell it at similar prices, so you'd never look at a $259 price tag and think "damn Nintendo, charging me an extra $10". That price was never offered by them, so Pachter's being an idiot.

[jasonmaivia]

You gotta toast toast

But seriously, how would an extra $10 on a price that we don't even know make Nitnendo "toast"?

It reminds me of how someone can look at a price tag in stores and see $3.99 instead of $4.00. That one cent knock-down can change how someone looks at things while shopping. You'd even have some people say/think "It's about "$3...$4" instead of just saying $4 from the start. Just seeing that 3 instead of a 4 does some good for those trying to sell, which is why you a lot of more expensive items, like computers and TV go for $x99.99 or $x49.99.

Although in those situations (for example with games) you can compare prices, so even saving less than a pound or dollar is appealing. Whereas with a console (which are all different), not only is it tougher to compare price wise with another console, but most retailers will sell it at similar prices, so you'd never look at a $259 price tag and think "damn Nintendo, charging me an extra $10". That price was never offered by them, so Pachter's being an idiot.

Here's where you're wrong. I've seen this happen before, especially in Gamestop and Best Buy where sometimes the Console displays and prices are next to one another. Right now, you can walk into a Gamestop and look on the shelf behind the register and see just how much cheaper a new Wii is to a new PS3 and Xbox 360, like ordering food from a McDonalds menu.
While many won't think that Nintendo's charging them more, they'll instead think just how much cheaper X console is compared to Wii U. It's not so tough to compare prices at all when things are properly displayed in front of their faces.

[MrChewtoy]

You've misunderstood me. I didn't mean they're not easy to compare because their prices won't be next to each other. I mean they're not as easy to compare because all consoles can do different things, and play different games, so it really depends more on what you want rather than buying the cheapest console.

In contrast, a DVD player can't be better than another for the films it plays, as they all play the same.

[jasonmaivia]

You've misunderstood me. I didn't mean they're not easy to compare because their prices won't be next to each other. I mean they're not as easy to compare because all consoles can do different things, and play different games, so it really depends more on what you want rather than buying the cheapest console.

In contrast, a DVD player can't be better than another for the films it plays, as they all play the same.

When the majority of new gamers who came into being this generation didn't buy a PS3, when it clearly (to you and me) does a whole lot more than a Wii, price comparisons for features doesn't matter. Those people, the so-called "Blue Ocean" crowd, aren't the ones who would look at all of the extra features and price points and make comparisons anyway. Most went into stores already with the Wii in mind.

[Alleyway]

What a dick. I can't wait for him to be proven OH SO WRONG!

[D3stiny_Sm4sher]

Hey, guys.

"I think the idea that we don't know the price point yet, but we do know what the console is, is just sad."

This.

I don't care if you're a Nintendo fanboy or if Pachter is anti-Nintendo (which I really don't think he is, personally, I think he's just baffled by their business decisions), or whatever.

THAT STATEMENT is correct. It is sad how little we know about the Wii U and yet Nintendo is expecting we will be buying this thing within the year despite no info on price, functions, compatibility, format, first party software, launch lineup, or even launch WINDOW, let alone launch date.

Nintendo needs to get people informed if they want us to buy this thing, and I can't help but wonder if the reason we aren't informed is perhaps because Nintendo really could be 'in disarray' and doesn't KNOW any of this stuff yet.

Then again, they could just be their normal stubborn selves, holding onto info for seemingly no reason. xD

Hopefully they'll give us reason to care about Wii U in time for people to save up for launch.

[bushidogamer]

He gets paid to say this stuff? That's like getting paid for being a backseat doctor. People like patcher make me despair for humanity.

Just ignore him. Analysts' accuracy rates are notoriously terrible. More often than not, you'd have better chances flipping a coin. The less attention these type of people get, the better.

[jasonmaivia]

Right now, there's nothing about the Wii U for me to be hyped about.

[Darth Vader]

“I think Sony and Microsoft are in disarray. I think the idea that they've convinced themselves that we'll buy any more of their F-Tier product, is just sad. I think they've completely blown that. [The ps4 and 720] are not going to launch, ever. They're dead if they launch, I think they're toast then. I think they're toast anyway, trying to convince an audience outside of their dumbass demographic, that their 5-year failed products are just starting to come into their prime. I think the Xbox 360 with Kinect will be priced below [the Wii U] by the time they launch, because they're just going to want to get rid of that failed experiment and pretend it never happened.” - Agent Rad, Gonintendo Forums


Send that crazy ol' Mikey's paycheques to me! It's time for a new generation of superanalysts to take over.

It's time for a new generation of people whose opinions are just as stupid but on a different end of the bias spectrum to take over, apparently

[Gakdudes]

Hey, guys.

"I think the idea that we don't know the price point yet, but we do know what the console is, is just sad."

This.

I don't care if you're a Nintendo fanboy or if Pachter is anti-Nintendo (which I really don't think he is, personally, I think he's just baffled by their business decisions), or whatever.

THAT STATEMENT is correct. It is sad how little we know about the Wii U and yet Nintendo is expecting we will be buying this thing within the year despite no info on price, functions, compatibility, format, first party software, launch lineup, or even launch WINDOW, let alone launch date.

Nintendo needs to get people informed if they want us to buy this thing, and I can't help but wonder if the reason we aren't informed is perhaps because Nintendo really could be 'in disarray' and doesn't KNOW any of this stuff yet.

Then again, they could just be their normal stubborn selves, holding onto info for seemingly no reason. xD

Hopefully they'll give us reason to care about Wii U in time for people to save up for launch.

That statement is incorrect, they are running a business not a local gossip club. They'll have a price target, but nobody with half a brain would set a fixed final price until the last moment possible. the market conditions, the marketing spend needed, manufacturing costs, component costs, r&d costs, currency valuations, fuel costs, etc. etc. are all variables. The sooner they let out price simply makes it easier for the competition to react accordingly, and will not affect the market in any positive way.