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Analysts disappointed over lack of Wii U price, tech specs, release date

Thursday, 7th June 2012 00:05 GMT By Stephany Nunneley

Industry analysts have weighed in on Wii U post Nintendo’s E3 press conference, and many are concerned over the fact there is still every little known about the console.

Sterne Agee analysts Arvind Bhatia and Brett Strauser were hoping a launch date and price would be announced, and they would have have liked to seen more games taking advantage of the GamePad.

“Most of the third party publishers we spoke to seemed to be lukewarm about the Wii U console and don’t seem to be developing games for it aggressively,” said the duo in an industry note. “That said, Nintendo has always had the ability to surprise everyone.”

Wedbush Securities’ Michael Pachter was disappointed as well regarding the lack of a firm release date, and was also disappointed that Nintendo is still keeping everyone in the dark regarding Wii U’s tech specs.

“Overall, we were disappointed with the Nintendo presentation, as many key questions about the Wii U remained unanswered, a year after the console’s official introduction, and less than seven month’s before its scheduled release,” he said in his note. “We would have liked additional information on Wii U’s technical specifications, release dates, and pricing.

“Also, it remains unclear at this point whether Nintendo will have the third-party support needed for Wii U to appeal to a wider audience of gamers.”

However, Baird & Co’s Colin Sebastian spoke more positively in his investors note, stating that while he still wants to know more about the console, Wii U looks to be “a clear improvement over the Wii.”

“It also appears that Nintendo is targeting its traditional fan base, as well as younger audiences, although we see an opportunity to attract core gamers growing impatient for the launches of the next-generation Xbox and PlayStation,” he said.

Thanks, GI International.

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7 Comments

  1. AHA-Lambda

    But Nintendo already said they wouldn’t talk about it =/

    #1 3 years ago
  2. stealth

    who cares about pachter or these analysts

    we got the launch lineup thats all that matters right now nintendo will tell

    #2 3 years ago
  3. jdfoster00

    What launch line up @2 …. Pickman 3… Mario… Nintendo Land… lmao… Amazing

    #3 3 years ago
  4. mortiferus

    Patcher and the rest of these analysts can go %^&* themselves. Nintendo had stated that it would not release pricing or release info at E3. And indeed they stuck to their statement. nuff said. The next nintendo direct broadcast and finally TGS will get us all the answers.

    #4 3 years ago
  5. Kabby

    The Nintendo conference was shit. I don’t even blame these retard analysts for being annoyed.

    #5 3 years ago
  6. kevinw729

    Lets face facts – both Nintendo and Sony Japanese executives are less than happy with the performance of their US operations so far at E3.

    Sony are unhappy, but know that they will be making major changes to their structure towards the build up of the CES’13 preview of the PS4 (or whatever it will be called), so they can afford some time to regroup.

    Nintendo… that is another matter. The bloated executive structure and poor handling of WiiMote, 3DS and now WiiU makes the Japanese management wonder if they too need to clear house and start again. But a lot of the responsibility for the failure lays in Japan – and now they see they have dropped the ball on the WiiU presentation at E3 they are paying with a plummeting share price and major complaint of business strategy!

    (A 3-hour battery life on the tablet, major slowdown when not connected and a failure to consider two pads at a promised $250 price point not helping to instill confidence that these guys get what they are trying to sell!)

    #6 3 years ago
  7. kevinw729

    …Face facts Nintendo dose not do online….!

    #7 3 years ago

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