@Intellips @svaubel But these 'developers' were anonymous meaning they are not reliable. Ubisoft, EA, THQ, heck even Crytek said " Wii U is minimum as powerful as Xbox 360". Minimum= lowest performance by the Wii U compared to current generation of PS3/Xbox 360 meaning Wii U is much more powerful.

Although it is pure speculation, that is just laughable.

Nintendo already hinted that the price point is 'reasonable' and they are going for the price that 'has value' for the consumer.

Also late November is most likely the launch date strategically just like they did for the Wii Launch starting before Black Friday through Christmas holidays.

"Wedbush Securities' Michael Pachter....

I just stopped reading after I saw this line. I saw him at Spike TV as one of the analyst at E3 and he has nothing to contribute but being 'captain obvious'.

I laughed so hard when Peter Molineaux 'put him in his place' after criticizing the future of WiiU and Peter warning him that Nintendo knows what their doing and proved everybody wrong in 2006: implying that Pachter was so dead wrong in his 'analysis' back then and that he does not know jack about video games.

My comment is not about 'cloud for digital media'.

Read the rest of the quote why it is more likely a fake.

"The slides suggest Microsoft will offer future software and services through the cloud, thus removing the need to purchase new hardware ever again."

This statement here validates that it is fake.

@LeFeverBeaver

' I was always baffled that Nintendo's Wii wasn't HD'

You have to remember that in 2006, Nintendo did not intend to directly compete with Microsoft and Sony for the most powerful and advanced console. Nintendo was abandoned by the 'hard core' gamers with their Gamecube in the early 2000 and decided to market the Wii to the 'casual' market which what they dubbed their 'Blue Ocean Strategy.'

The strategy is not to out-perform the competition(Sony and Microsoft) in the existing industry by creating a powerful console, but to create new market space or a blue ocean(going for the casual with different gameplay), thereby making the competition irrelevant. This is the reason why the Wii is not HD.

As we all know now, the strategy worked as we have 96+ million Wiis sold worldwide and Microsoft and Sony were forced to create Kinect and Move and go for the casuals.

@gamefeind I agree that most 'adult owners have a smartphone at least' but will game publishers invest on using the 'Smart Glass' application feature on an average smartphone's 3.5-4.5 inch screen? You need a tablet at least to make it a viable accessory in a game like football as they have shown at Microsoft's E3 presentation for the existing Xbox 360.

Even with a tablet, gamers will still need to juggle between controller and 'smart glass' accessory whether it will be a phone or a tablet during gameplay. To me it is not seamless gameplay compared to the WiiU gamepad where the PHYSICAL buttons and sticks are already accessible at the same time.

With no next gen announcement for Microsoft and Sony this year, I strongly believe that their 'next gen' consoles will be released in 2014 and not late 2013. It takes more than a year to promote and market a new console when its announced unless you are SEGA(we know how that turned out!)

Both companies need a lot of planning to transition their 60+ million customers to their new consoles without alienating them. They need backward compatibility, good launch games and competitive prices.

On top of that, Nintendo will be ahead of them for a year. If gamers/family adopt Nintendo's 'assymetric' gaming, then Sony and Microsoft will need to adopt those styles to their next console.

Also once the 'next gen' consoles are released, Microsoft and Sony will be competing with their own consoles due to their large and cheap library of games.

Lastly, I think 'Smartglass technology' will not cut it. Its cumbersome and more likely a gimmick. The WiiU's tablet is an 'out of the box' feature so game publishers know that they can work their game around that Wii U tablet and be used in-game. How many percentage of owners of Xbox 360s own a smartphone or a tablet? Of the 60+ millions Xbox users, how many will invest to buy tablets in order to get the most of their games?

As an owner of the Vita, I'm a bit disappointed. Sony needs to show that they are committed to the Vita. I want them to address the following:

-ability to play PS1 games bought from the PSN store(I want to sell/retire my 4 year old PSP)

-ability to play PSP games bought from the PSN store(I can't even play Patapon 3!!)

-improve REMOTE PLAY(the resolution and lag is horrible)

-improve file management system(I know you want to prevent piracy but the current system is ridiculous!)

-improve the web browser(the system has 4 cores and browser is slower than my single core smartphone)

-lower the price of the memory card especially the 16 Gb and 32 Gb

After thinking it over, Nintendo is still being Nintendo. They still have some 'secrets' they don't want to divulge. I assume that E3 is only their start of their marketing campaign and will culminate in their own show in Japan called the Nintendo World or formerly called Nintendo Space World later this year. Again, this is only my 'educated' guess since Nintendo seems to introduce new hardware at this show. Hopefully, more games will be announced at the Tokyo Game Show by third parties such as Namco Bandai, Atlus, Mistwalker, Level 5, Square Enix, Capcom, From Software, Sega or even Konami.