According to Wedbush Morgan Securities analyst Michael Pachter, Nintendo must price Wii U below the $300 threshold in order for the console to succeed at retail.
That’s what he told CVG in a recent interview, adding that “Nintendo is intent upon repeating their success with the Wii.
“The console must be priced below $300 to succeed, and best at $249 or less,” he continued.
“While I agree that the Wii U controller is sufficiently novel and different from traditional controllers, I am not sure that there is a killer app that will drive Wii U adoption the way Wii Sports did for the Wii.
At E3 I was not particularly impressed with many of the games, and in particular found Sing baffling. I don’t understand why I need a tablet to read Karaoke words rather than reading the words on the TV screen instead.”
No release date was given the new console, however it’ll be available for the holidays around the world.