Those of us who follow the videogame industry love to follow Michael Pachter. He’s a brilliant man who can cause millions of dollars to change hands based on his recommendations; love him or hate him, you have to respect that. But today, he said something so completely incomprehensible that one can’t help but chime in.
According to the gaming guru, this console generation will be the last. Yes folks, you heard it right; Pachter explicitly stated that he thinks “we’ve seen the last generation of consoles.” What leads him to this conclusion? Well, apparently the systems just aren’t profitable enough for the console makers. Those 50 million of you who bought a Nintendo Wii may be scratching your heads right about now. Evidently your combined $12,500,000,000 in payments to Nintendo for their system isn’t producing enough profit.
Ah, but that’s not all. Mr. Pachter went on to tell his audience at GamesBeat 2009 that the essence of his argument lies with the attitudes of the third party developers, particularly towards Microsoft. As the company most likely to try to release a next-gen console first, Pachter thinks “the publishers will tell them to pound sand. ‘We haven’t made any money this cycle, and we’re not going to support it.’”
So then, what will we be playing our games on in ten years? A standard delivery form like the recently announced OnLive. Think streaming web games, only they’d be full AAA releases zapped straight to your computer or TV.
Don’t get me wrong, I like Michael Pachter… I even respect Michael Pachter. But in this case, I just don’t know what he’s on about. Personally, I think (and hope) that it’s all a load of rubbish.