Not everyone is convinced that a new Wii would even sell all that well if it did hit store shelves in 2011. In an interview with IndustryGamers earlier this year, Wedbush analyst Michael Pachter said that the chances of the Wii 2 succeeding after a late 2011 launch would be slim. One of the key additions would be HD suppport, which the Xbox 360 and PS3 have had since launch. Pachter sees Nintendo as jumping aboard that train much, much too late.
"I just think Nintendo's blown it; I think by the time they launch [their next console] if it's Christmas 2011, it's two years too late, and for sure one year too late," Pachter said in the interview. "So it's over--I don't think they can ever recover. Wii sales will continue to decline and I think Wii 2 will not sell well."
http://news.cnet.com/8301-13506_3-20056046-17.html (right at the end)
Given that history has shown Michael Pachter to say the complete opposite of the truth, the logical conclusion would be that Nintendo will not release a new console until at least next year, that they're right on time with releasing an HD console (or perhaps a year or two early), that Wii sales can expect a drastic turnaround, and that the Wii 2 (Project cafe) will sell fantastically.
At least he's not calling it a Wii HD.
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