Pachter Believes PS Vita Will Rob Nintendo’s Market Share

[Zekrom_cool]

Outspoken industry analyst Michael Pachter is under the impression that Sony’s forthcoming PlayStation Vita will rob Nintendo of precious market space. Pachter also believes that Sony’s handheld will most “likely contribute to further declines in Nintendo’s share price”. Do you believe that the PlayStation Vita is as big a threat to Nintendo as Pachter is making out to be?[/p]

“We continue to believe that handheld game sales will suffer in correlation to the growth of smart phone sales, although we think that the handheld games business will remain a healthy niche for the foreseeable future,” he said in an investor note.

“With that said, Sony’s announcement of PS Vita pricing (at $249) led many investors to believe that Sony and Nintendo will divide a shrinking handheld market, and likely contributed to further declines in Nintendo’s share price.”

“Nintendo, in particular, saw its share price decline, largely due to continuing uncertainty about its handheld business, and skepticism about its planned launch of the Wii U next year,” he added.

“The company did not provide specs or pricing for the device although the hardware was truly impressive, it is impossible to determine whether it will succeed or fail without knowing how it compares to the competition in terms of pricing and performance.”

Source

 

[syko5150]

I don't think the Vita will be as successful as Sony hopes it will. I will definitely be buying one, but there are a lot of people(including my friends and family) who just don't trust Sony anymore after recent events. I'm sure that the Vita will have more success than the PSP had, but I think people in general have more faith in Nintendo at this point. Especially people who have only recently stepped into the world of gaming thanks to Nintendo's casual we make games for everyone style. I have to say it would be nice to see more competition between Sony and Nintendo this time around rather than it being completely one sided.

 

[Zekrom_cool]

I don't think the Vita will be as successful as Sony hopes it will. I will definitely be buying one, but there are a lot of people(including my friends and family) who just don't trust Sony anymore after recent events. I'm sure that the Vita will have more success than the PSP had, but I think people in general have more faith in Nintendo at this point. Especially people who have only recently stepped into the world of gaming thanks to Nintendo's casual we make games for everyone style. I have to say it would be nice to see more competition between Sony and Nintendo this time around rather than it being completely one sided.

The competition is there and this is Michael Pachter telling about the stock and not Sony themselves.

 

[syko5150]

I don't think the Vita will be as successful as Sony hopes it will. I will definitely be buying one, but there are a lot of people(including my friends and family) who just don't trust Sony anymore after recent events. I'm sure that the Vita will have more success than the PSP had, but I think people in general have more faith in Nintendo at this point. Especially people who have only recently stepped into the world of gaming thanks to Nintendo's casual we make games for everyone style. I have to say it would be nice to see more competition between Sony and Nintendo this time around rather than it being completely one sided.

The competition is there and this is Michael Pachter telling about the stock and not Sony themselves.

Even so, Sony lost a lot of face with all of the recent events. They're going to have to prove to stock holders and everyone else alike that they can rebound properly before Sony can even start to steal any of Nintendo's market. I can't speak for other people, but in my opinion it would be very foolish for anyone to invest in Sony until they have proven that nothing similar can happen in the near future.

 

[chris888222]

Personally, I don't find it such a threat. Maybe a little, but not a total rob. Nintendo themselves aren't stupid as well.

 

[frazzledazzle]

all nintendo needs to do is bring some really good games out for the 3ds, and make sure the wii u isnt too expensive. The PS Vita does look good but, like with the psp, it'll be something i'll buy if theres really good games and there is homebrew at some point, the only reason i bought my psp was for emulators and a few of the good games on it. Also, more competition means higher quality games!

 

[Youkai]

sony already thaught that the psp would completely kill Nintendos handheld and what happened ? sony was crying out loud that noone bought their console.

 

[Zekrom_cool]

sony already thaught that the psp would completely kill Nintendos handheld and what happened ? sony was crying out loud that noone bought their console.

Sony got a taste of underestimating Nintendo.

 

[Nathan Drake]

sony already thaught that the psp would completely kill Nintendos handheld and what happened ? sony was crying out loud that noone bought their console.

Sony got a taste of underestimating Nintendo.

No, they got a taste of being a fresh competitor in a previously completely Nintendo owned market. No company has been able to produce handhelds as popular and well selling as Nintendo, so instead of trying, many just gave up. The PSP was neat, but nobody wanted the new handheld. They wanted Nintendo's slick, two screened device. Nintendo doesn't really have a master driving gimmick this go around, as 3D has proved to not be the super seller that it was meant to be (I mean, just look at the name 3DS). Because of this, Sony's new handheld has a chance to get its foot in the door and to make an impact. The Vita also made a fairly good impact at E3, with the ability to show off many features right then and there in an enjoyable way.

As much as I would love to ride the "Nintendo is the handheld king!" train, the 3DS isn't going to pick up for awhile yet when it comes to sales. It may be more than enough time to get indecisive buyers who only want one system, to go straight for the Vita.

I also find it odd that people think that the average consumer is even going to really remember Sony's fuck up come November or December this year. We can't forget it, only because nobody will shut up about it. When you weren't really affected to begin with, as well as sitting inside of a community that doesn't really focus in on it (ie: most gamers), it doesn't matter much. Tons of people wanted PSN back up just so they could throw more money at it the first day it was back. Pretty sure that nobody is going to care as much as a few would like to think.

 

[Zekrom_cool]

Nintendo owned market

I dont think this part is true. PSP was quite good to match up too.

 

[Nathan Drake]

Nintendo owned market

I dont think this part is true. PSP was quite good to match up too.

The PSP did absolutely terrible when compared the the DS, you know, its only real competitor. I would also say that Nintendo consistently making well selling handhelds for the better part of the last 25 years is pretty much the definition of owning the handheld market, especially when no competitor has ever really been able to come close to the sales Nintendo is able to generate. It would be nothing but ignorance to say that Nintendo hasn't ruled the handheld market for quite awhile now.

 

[ZAFDeltaForce]

I think it's way too early to make any assumptions.

In the past, the PSP was pitched against it's archnemesis, the DS. Though the hardware of the PSP was top notch and provided excellent graphics, it's market share paled in comparison to the DS, which stood dominant in the handheld arena with it's innovative gameplay and affordability.

With the PS Vita, no one knows. It comes with all the gimmicks in the book; hardware, touch screen, dual analog sticks, touch pad at the back and hell, even 3G. Sure, there'll be innovative gameplay. But with cost price in consideration, we can only wait and see how it actually performs in the market.

 

[Zekrom_cool]

Nintendo owned market

I dont think this part is true. PSP was quite good to match up too.

The PSP did absolutely terrible when compared the the DS, you know, its only real competitor. I would also say that Nintendo consistently making well selling handhelds for the better part of the last 25 years is pretty much the definition of owning the handheld market, especially when no competitor has ever really been able to come close to the sales Nintendo is able to generate. It would be nothing but ignorance to say that Nintendo hasn't ruled the handheld market for quite awhile now.

That is your opinion. I agree that Nintendo is better I also feel that Sony did quite a good job at least in the part of the world where I live.

 

[Joe88]

Nintendo owned market

I dont think this part is true. PSP was quite good to match up too.

how is it not true

there was nothing competing with nintendo in the handheld market at the time

 

[syko5150]

Nintendo owned market

I dont think this part is true. PSP was quite good to match up too.

The PSP did absolutely terrible when compared the the DS, you know, its only real competitor. I would also say that Nintendo consistently making well selling handhelds for the better part of the last 25 years is pretty much the definition of owning the handheld market, especially when no competitor has ever really been able to come close to the sales Nintendo is able to generate. It would be nothing but ignorance to say that Nintendo hasn't ruled the handheld market for quite awhile now.

That is your opinion. I agree that Nintendo is better I also feel that Sony did quite a good job at least in the part of the world where I live.

It's not really opinion at all. The Nintendo DS outsold even the PS2 in total sales and is nearly 80million units ahead of PSP. If anything PSP could barely make a dent in Nintendo's handheld market.

 

[SamAsh07]

It won't kill it, when PS Vita releases, there will be a flood of 3DS titles of Kid Icarus, Paper Mario, Super Mario 3D, Mario Kart, MGS, Animal Crossing and Luigis Mansion 2. These titles will rob the PS Vita's initial stages and then the true war of 3DS and PSV will kick off.

 

[Zekrom_cool]

Ok fine. Sony did bad. Lets cut it out.

 

[Nathan Drake]

It won't kill it, when PS Vita releases, there will be a flood of 3DS titles of Kid Icarus, Paper Mario, Super Mario 3D, Mario Kart, MGS, Animal Crossing and Luigis Mansion 2. These titles will rob the PS Vita's initial stages and then the true war of 3DS and PSV will kick off.

The Vita is supposed to launch Holiday 2011, not Holiday 2013.

 

[syko5150]

It won't kill it, when PS Vita releases, there will be a flood of 3DS titles of Kid Icarus, Paper Mario, Super Mario 3D, Mario Kart, MGS, Animal Crossing and Luigis Mansion 2. These titles will rob the PS Vita's initial stages and then the true war of 3DS and PSV will kick off.

I think Nintendo will definitely start to pick up sales once they have more of their big titles coming out as you mentioned. Last generation Nintendo had the obvious advantage in the handheld market, but I think it will be interesting to see how Sony's big titles such as Uncharted, Killzone, LittleBigPlanet and the likes compete with Mario and Zelda. It might just make things more interesting this time around, but if Nintendo wises up and starts marketing the 3DS better and eventually continues to throw out major titles every few months I don't think Vita will make it.

 

[Zekrom_cool]

Ultimately we all conclude that Patcher's prediction is wrong, right?