Pachter to Nintendo fans, “Put your money where your mouth is and buy a Wii U”

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Wedbush Securities analyst Michael Pachter is back with more predictions, this time speaking at the London Games Conference. Pachter stated he expects the PS4 to outsell the Xbox One due to a lower price. He places the PS4 selling between 100 and 120 million units during its lifetime, with the Xbox One selling between 90 and 110 million units. As for the Wii U, Pachter says to expect around 30 million units for its lifetime sales. Pachter had this to say about Wii U sales:

“We think 30 million is where [Wii U] is set. If you are a Nintendo fan bitching about my opinion on Wii U, stop, put your money where your mouth is and buy a Wii U.”

In addition, Pachter says that consoles may be a fading trend and could be irrelevant in 10 years time, as recent architecture makes them more like gaming PCs than ever before, along with the expansion of the mobile market making gaming more than a sit at home experience.

I don’t think the console market will get any bigger. The console installed base has peaked. Consoles may not be relevant in 10 years. We have expanded the market beyond the hardcore console owner. We now have ten times the audience over the internet, six times the audience over mobile. And I think one day you’ll get to play any game, anywhere on any device.”

The PlayStation 4 launches this Friday, November 15th in America with the Xbox One launching next Friday on November 22nd.