With news publications already declaring the Playstation Vita dead in the water, famed industry analyst Michael Pachter believes that there’s absolutely no chance of the PlayStation Vita getting a price cut in either Japan or the West.

“There’s no chance for a price cut. The price points for software are what I expected, and highlight the disparity between casual smartphone games and premium console-quality handheld games.”

“I think PS Vita is a hardcore product, and it may have difficulty finding a mainstream audience, especially as smartphones penetrate the mainstream.”