Pachter: PSP “doomed on small market share”

Everyone’s favourite analyst Michael Pachter has forecast doom for the PSP unless Sony make “games come down in cost and that they can be competitive.”

Speaking on his GameTrailer show, Pachter said “I think they’re doomed on small market share until they get more competitive on price. The PSPgo is more expensive than most iPod Touch devices and the game library is more expensive that the iPod library. Nintendo’s got a huge cost advantage on the DS… I think Sony is running into a brick wall trying to compete in that sector.”

Ultimately he feels Sony will not be able to compete with the current PSP, with it “”destined to be second place to Nintendo on the pure game front, and overall in third place with iPod thrown in there. So no, I don’t think the PSP is going to be a huge success in future,” said Pachter.

[Thanks CVG]