Nintendo Wii U Prospects Looks Dim With Next Gen Releases Says Analyst
According to Wedbush Securities analyst Michael Pachter, Nintendo Wii U sales should continue to post weak numbers in the coming months. In an interview with GamesIndustry, Pachter believes that even if the Wii U drops its price, sales will continue to remain stagnant.
"We think that core gamers are far more likely to turn their attention to the PS4 and the next Xbox, which we believe will be unveiled before E3 and have a launch alongside that of the PS4," said Pachter. "And we believe that the long term appeal of the Wii U will be severely limited by the perception that the PS4 and next Xbox will be much more powerful with greater online integration and multimedia functionality."
Although the latest NPD Group's U.S. video game retail data doesn't surface until Thursday, Pachter estimated that just 55,000 Wii U units were sold in its fifth month of release, and he forecasts the numbers will continue to slide for the console.
Do you think the Nintendo Wii U will be overshadowed with the impending release of the next gen consoles, or can it break out of its sales slump and pick up momentum come holiday season? Feel free to comment below!