Famed video game analyst Michael Pachter is at it again and this time he has taken to his Pachter Factor Q&A on YouTube and has predicted when he believes Nintendo will release its Switch successor. Pachter is of the firm opinion that Nintendo won’t release a follow up to the popular Switch system until 2024 at the earliest. He says that he puts this prediction down to the fact that the system is still selling very well along with the software saying, “Their games are killing it. They’re just selling so many units of everything and it’s because their games are really, really good.” As always we shall have to wait and see whether he is correct in his prediction.
“I think that probably the earliest you’re going to see a new console is [2024] and more likely [2025],” said Pachter. “So again, not because they can’t, they can, it’s because they’re making so money making Switches.”
“If the Switch is still $300 it will drop to $250 likely after Christmas and once supply and demand get in balance again. The OLED will become the de facto model of $300. But they’re minting money at $300.
“That thing costs them less than $150 to make. Probably less than $100. So they’re able to make a ton of money as long. As long as they are what’s the rush [to] bring out a new console.”
“If they believe the competition was Microsoft and Sony they would [release a more powerful console],” said Pachter. “This [goes] is back to Mr. Iwata and his blue ocean strategy. That’s the mantra of the company.
‘[Nintendo is] absolutely convinced that they’re playing on a different playground than everybody else and they don’t care how many Xboxes or PlayStations are sold. And in fairness to them if you want to play Nintendo games you’re buying a Nintendo console.
“As long as they have good content and a lot of it they’re going to keep selling Switches. And one thing they’ve got is good content and a lot of it. If you start to see a decline in sales of software you could worry, but you’re not. Their games are killing it. They’re just selling so many units of everything and it’s because their games are really, really good.”
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