Analyst warns Wii U going down the pan -

An analyst has warned that Nintendo is in deep trouble with its Wii U and that it could not sell if it weren't for the possibility of franchises such as Battlefield, Call of Duty and Grand Theft Auto.

Wedbush analyst Michael Pachter told ABC News that Nintendo "is in a world of trouble" mostly because it took too long to adopt HD.

He said Nintendo waited two years too long to launch a competitive, high definition console and by the time it did, Sony and Microsoft passed them by.

Pachter said that all it would take is for Activision, Ubisoft, and Take-Two to pull support, which would turn the Wii U into a Nintendo-only gaming device.

Nintendo is at the bottom of a huge mountain which they will struggle to climb, especially given the affordable price of the PS4, Pachter said.

At the moment Pachter believes the only people who would buy a Wii U are hardcore gamers who will also buy a PS4 or an Xbox One.

This makes Nintendo a distant third in this console race, according to Pachter.  Nintendo had missed several hardware opportunities and alienated publishers with its approach, Pachter said. 

While Pachter argues Nintendo has alientated its publishers, at least it didn't alienate its potential customers - as Microsoft did with the Xbone. We're not convinced Pachter is correct. There are plenty of gamers who will be seduced by updates to classic Nintendo titles, like the long anticipated new Super Smash Bros.