Asked if it was releasing Wii U prematurely by a viewer, the Wedbush Morgan analyst said in his GameTrailers show Pach-Attack: “The reason that you’re saying that it’s premature, I think you’re really trying to suggest that it’s not going to sell well.

“I think that if in fact it’s a lot like an Xbox 360 in terms of graphics, frame rate and control scheme, then it’s probably not going to sell well unless it’s priced a lot cheaper, and I don’t think they’re launching the console at $150.

“So, yeah I think they are about to Dreamcast themselves. I don’t think Wii U is going to be as popular as probably Nintendo thinks it’s going to be. Question is, what does Nintendo do next, and I don’t know the answer yet. Let’s see howWii U sells, and I’m not going to predict this demise until I know pricing and features. When I know more about it, I’ll offer a better opinion.”

......predicts Pachter.

How much does he contradict himself there?!

That's almost the definition of a gobshite. "Here's an ill-thought-out opinion backed up with some things I've made up."

A sensible person would have stuck to simply saying the second bit I've bolded: "I have no facts to hand; I can't offer an opinion at this stage."

i have no love for Pachter, but to be fair he was asked a question to which his response was effectively 'IF what we expect is true then I would think this...but we don't know for certain so that might not be the case"

Surely they have learned the lessons from Wii

"Here's an ill-thought-out opinion backed up with some things I've made up."

Good post Lagamorph.

Lagomorph..... Is ..... Right

The lesson being "how to bathe in great pools of money"?

Dreamcast was awesome.

It was the idiot consumers that were the problem. Them and Sony.

Surely they have learned the lessons from Wii and will not release a console only as powrful as the last gen again, 360 is seven years old now so it needs to be a big step up from that.