Is the Wii U another failed Nintendo product? Michael Pachter seems to say so. According to the analyst, Nintendo should be focusing on a console which has good 3rd-party relationships whilst also being able to compete with the PlayStation 4 and Xbox One.

“I think that they are still in denial about the Wii U failure. They need a new console that’s competitive with Xbox One and PlayStation 4. If Xbox can sell at $349, Nintendo could make it and sell for $249.

They won’t because they still live in that old console world where they think they need to make a profit on the hardware. The problem is I think they did a bad job with third parties with the Wii and they’ve done an abysmal job with third parties with the Wii U, so I don’t think third parties would come back for a new console.”