Michael Pachter, the analytical guru of the gaming world, has made another bold and mind-boggling prediction: the PS3 could overtake the Xbox 360… in six years. Gamasutra has revealed that Wedbush Morgan Securities’ newest report (thrillingly titled “Money for Nothing, How Ancillary Revenues Can Extend the Product Cycle) has reversed Pachter’s previous claims of the impending death of multiple consoles. Instead, he is now predicting the longest console life cycle in gaming history, with the Wii taking almost half of the market share for another six years.
Meanwhile, the PS3 and Xbox 360 will split the remaining market; with Microsoft’s console holding out a lead until 2011. From there, things get fuzzy- but Pachter thinks that the strength of the Bluray format will help Sony claw back a few percentage points to finish out the life-cycle of the PS3 in a dead-heat with the Xbox 360. The report also elaborates on storage issues and digital distribution; expect 1 terabyte hard drives within the next 10 years. That should provide plenty of storage for the 50% of games that you’re buying through digital distribution channels.
Just for kicks, Pachter throws in another juicy tidbit to draw attention to himself: he expects a Wii HD will be release by 2010.
What do you think readers? Is this guy on the money, or just full of himself? Personally, I call shenanigans.