Pachter explains why he’s predicted Wii HD, believes Wii will lose market share to PS3/Move bundle

For what has seemed like years now, Wedbush analyst Michael Pachter has predicted that Nintendo will eventually announce a Wii HD. Nintendo has dismissed the idea on numerous occasions and has stated that a new system announcement would require more than just HD support. So, why does Pachter continue to believe that the Wii HD is on the way? He explained on the latest episode of Pach-Attack:

“…So I always thought Nintendo would respond to Natal and PS3 plus Move by having Wii HD ready when those two things launched. I’ve been wrong consistently and the reason I’ve been wrong is Nintendo doesn’t see the world the way I do. So the answer to your question why do I think it? Because it’s logical. The answer to your question, why hasn’t Nintendo done it? Because they don’t think it’s logical. And I don’t want to get in their heads, they are great business people, they run their company well, my view is this is something they should do.”

Pachter also noted that he thinks the Wii will lose some of its market share to the PS3/Move when a reasonably-priced bundle is announced. According to Pachter, Sony will be able to tell Wii owners that they can upgrade to an HD console that is being completely supported by publishers and contains additional features such as Blu-ray.