Pachter: PSP 2 Is Not Dead On Arrival

A couple of days ago, controversial analyst Michael Pachter made a strong statement about how Sony's PSP 2 is "dead on arrival" and that Nintendo's 3DS will face a similar fate albeit a little later. Today, he changed his mind.

"We can't rule out the 'dead on arrival' PSP2, which is likely to be introduced [next year], and if it has the right feature set and is competitively priced, it could actually perform well in the marketplace," he explained. "My 'DOA' comment was based upon an assessment that Sony won't price it right (look at the PSPgo), but of course, I have been wrong once or twice before, so maybe they'll surprise me."