Wed, Mar 25, 2009 | 14:06 GMT
GDC: This is the last console generation, says Pachter
Wedbush Morgan’s Michael Pachter told a panel at GDC last night that he believes this is the last of the console generation.
“I think we’ve seen the last generation of consoles,” he said.
“[Third party publishers] are not going to support a PS4 or Xbox 720,” he added.
“The content is not going to change in any meaningful ways because the publishers can’t afford it.”
Pachter’s comments resonated with the general overriding theme of GDC so far, that of console-less Cloud gaming.
He went on to say that companies like Sony simply aren’t in a position to launch new machines.
“Sony is not going to put out a console until they make a profit on this generation, and my math puts that at around 2015,” Pachter said.
More on 1UP.
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Posted in: GDC 2009, Hot, Microsoft, Nintendo, PS3, Sony, Wii, Xbox 360
Tags: last generation, michael pachter, wedbush morgan
54 comments
Older Comments
#51
Quiiick
25/03/09, 4:36 pm
@ icastflare
I wasn’t referring to you.
#52
Michael O'Connor
25/03/09, 4:58 pm
Nice to see you getting involved in discuss Pat. *grins*
I’ve already aired my rather cynical thoughts on this whole Cloud gaming thing, so no need to go over them again. I’m going to try and be cautiously optimistic about it.
Guess we’ll just have to wait and see if this all comes true.
#53
hitnrun
25/03/09, 5:43 pm
This is a load of hooey that falls somewhere between Marx and Star Trek futurists. “I could see this happening if everyone agreed with me; therefore, it’s true.”
As long as there’s a company that thinks it can make money by offering a competing product, there will be more than 1 console.
#54
Cort
25/03/09, 6:21 pm
I really don’t subscribe to this “games are way to expensive” meme because it’s total bollocks. I remember paying £40 for games in the early nineties. I haven’t paid more than £30 for any game in the last ten years – including day one purchases of AAA titles such as Killzone 2. Regardless of the deals I find, average RRP has hardly moved in twenty years.
And I remember being confidently assured by “expert analysts” that iTunes would render the physical disc-media album completely dead within three years. That was eight years ago now.
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