Nintendo NX release date price detailed by expert who talks PS4 and Xbox One console war

Nintendo NX release date pricing and has been discussed by industry analysts

THE Nintendo NX is set to launch with a competitive price tag and will need to play by certain rules if it wants to take on the PS4 and Xbox One in a revitalised console war in 2016.

 

That’s according to Wedbush Securities analyst Michael Pachter, who says the Nintendo NX update will need to stay competitive with third-party developer support and price to avoid the mistakes encountered with the Wii U.

Pachter believes that the major players in the gaming industry will be cautious around Nintendo’s new consoles following the reaction to the Wii and the Wii U.

He has also backed Nintendo to do well in building a new audience midway through the Xbox One and PS4’s current lifecycles, which have yet to hit their full install base potential.

 

Miitomo will let me create circles of friends and share mutual interests. Who needs Facebook when Nintendo will clearly improve upon it?

— Michael Pachter (@michaelpachter) October 29, 2015

Talking on Siftd’s Pachter Factor, he explained: “I think the publishers are leery of Nintendo, the third-party publishers. 

“I think they got burned by the Wii, they were never good on the Wii, they got burned by the Wii U – especially Ubisoft. So, I think they are going to be very, very cautious.

“The more this thing looks like a PS4 or Xbox One I think the better it does, and, ultimately, the only people who are going to buy it are people that don’t have a PS4 or Xbox One. Or, people who have a PS4 or Xbox One, and want to play Nintendo games.

“There are a lot of the latter and by the time NX comes out – assuming it comes out in 2016 – the PS4 and Xbox One will be barely halfway through saturating their potential install base. 

 

“So, perhaps the NX will capture a third of that remaining market, because if you don’t have either a PS4 or Xbox One and you can play everything on PS4 or Xbox One except first-party titles, what are you giving up? 

“You get all Nintendo first-party, and you’re giving up a handful of Microsoft and Sony first-party. So, it’s going to be back to close to a level playing field, but it really depends on third-party support.”

Both EA and Capcom have been asked if they plan to support Nintendo’s new gaming platform and have both given differing answers on the subject.

 

Capcom recently revealed: “Our R&D operations are working on technologies for many types of hardware. We will consider the possibility of creating technology demonstrations and making versions of titles under development for these new platforms.

EA CEO Andrew Wilson failed to confirm any plans to support Nintendo's new platform but alluded strongly to supporting core digital platforms.

Pachter also discussed the Nintendo NX pricing on release date, saying the console would need to retail at around the same price of the PS4 and Xbox One to win over undecided buyers, rounding up that $299 could make for a competitive start.

 

The Nintendo NX is set to be revealed in 2016