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Pachter talks Wii supply, forecasts August earnings

We all know Michael Pachter has no problem tossing his two pennies around, and his estimations for the month of August might surprise some of you. When it comes to sales, the Wedbush Morgan analyst sees Nintendo making around $100 million on software. As for hardware, it's a different story, as a decline is expected.

"Because the U.S. has received only around 1/3 of total Wii production to-date, instead of a more normal 40 percent, there has been a severe shortage of Wii supply here that has yet to let up," says Pachter. He thinks that the supposed production increase won't take effect in North America until September.

See also: GameStop CEO sees no 'end in sight' for Wii shortages

Pachter foresees Wii coup in 2008

2007 was the year of the Wii. So, which console's cuisine will reign supreme in 2008? According to super-analyst Michael Pachter, that would be the PS3.

In the latest issue of EGM, Pachter predicts that the Wii will fall to the PS3 this year. The thing that will bring about this fall is not software (well, that too), but price. That's right, Pachter predicts that the price will soon be right for the PS3. The Wedbush Morgan analyst stated, "I think the Wii momentum will last until the Playstation 3 is under $300, so another year."

Perhaps Pachter is making too many assumptions: Will the PS3 drop to under $300? And if so, does that necessarily mean that Nintendo won't cut the price of the Wii to compete? If Nintendo doesn't price drop, will people even care (check eBay, for example)?

Of course, it's his job to make assumptions, so we suppose we can't fault him for that.

[Via NeoGAF]

Want a Wii? Wait until April.

It's been more then a year since launch, and demand is still heavily outweighing supply for the Wii. According to Wedbush Morgan analyst Michael Pachter, the two won't manage find balance in the U.S. until April. That means that people won't be able to walk into a store and find a healthy supply of Wiis for another four months. Pachter also estimates that the Wii will sell 1.7 million units this December, beating out the Xbox 360 and PS3 despite its limited supply.

Need we really bring up the printing money meme again?

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