Michael Pachter Takes a Shot at Nintendo President Satoru Iwata

Speaking at the Game Monetization USA Summit in San Francisco this week, Wedbush Morgan analyst Michael Pachter said that Nintendo president Satoru Iwata should be fired for his handling of the Wii U and the company in general.

"I don't know why Iwata is still employed," Pachter said during his presentation, according to a GamesIndustry International report, adding that the Wii U’s commercial performance has been "underwhelming” and that he believed it was “possible but unlikely” that new titles could help the system to recover.

He also said that Nintendo is “missing a huge opportunity” by not releasing its portable titles on smartphones and tablets.

At the same event, Pachter said that the reason Sony is beating Microsoft is solely because of the price.

"The reason Sony beats Microsoft is solely the price," Pachter said. "Microsoft loses the next generation unless they cut price. If Microsoft drops its price to $399, I expect the sales to be equal to the PS4."

"The next generation of consoles is probably the last," he added. "We expect frequent model updates instead of new consoles. I think the PC is going to make a comeback, the PC will be the hub of all this stuff."

Source: GII

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