Michael Pachter defends "Nintendo in disarray" claims

[BaconBits]

Controversial US analyst Michael Pachter has reiterated his assertion that Nintendo “is in disarray”.

He initially made the claim during a speech at the Ayzenberg A-List Summit 2012. Following the predictable outrage on games forum Neogaf Pachter chimed in to defend his remarks.

“I believe (and please feel free to disagree) that a large portion of the Wii audience comprised casual gamers – those who bought one or two games a year the first two years, then put the Wii aside – and that those casual gamers moved on to another platform,” he wrote.

“At the same time, I believe (again, please feel free to disagree) that the growth of smart phones and tablets has attracted many potential dedicated handheld game customers, and these people also are unlikely to come back to either 3DS or PS Vita.

“I think the addressable market for the Wii U is around half of the market for the Wii, and I think Microsoft and Sony will compete for a portion of that market if the Wii U is priced too high. I think that the dedicated handheld market is permanently impacted by smart phones and tablets, and think that Nintendo's addressable market is probably also half of its former market.

“Nintendo is in disarray because they waited too long to launch the Wii U. They should have, and because they didn't, the decline in Wii and DS hardware and software sales drove them into generating losses.

“I'm paid to advise investors, and none have made a profit owning Nintendo stock. I don't think that many will make a profit over the next few years, because I don't think Nintendo's strategy will return them to profitability.”

http://www.mcvuk.com/news/read/pachter-defends-nintendo-is-disarray-claims/091843

 

[OriginalHamster]

That means that Nintendo will be fine, going by everything that this guys turns out being the contrary.

 

[smile72]

Michael Pachter is a dumb douche. Why is this news?

 

[Luigi2012SM64DS]

so this means he takes back what he says?

 

[DigitalDeviant]

Pachattack ya'll, but seriously I agree with his analysis. Nintendo has to compete with the mobile market, if they didn't have their first party exclusives and the DS series be the success it is they'd be in worse shape I reckon.

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[zanfire]

Pachattack ya'll, but seriously I agree with his analysis. Nintendo has to compete with the mobile market, if they didn't have their first party exclusives and the DS series be the success it is they'd be in worse shape I reckon.

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[BaconBits]

Pachattack ya'll, but seriously I agree with his analysis. Nintendo has to compete with the mobile market, if they didn't have their first party exclusives and the DS series be the success it is they'd be in worse shape I reckon.

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[T3GZdev]

i dont get why people listen to this guy who is this guy anyway?

i think wii u, & 3DS are gonan do just fine, i play my 3DS daily, & my wii i been on bclack ops & brawl lately & gonna pick up mw3. cant wait for wii u

 

[DigitalDeviant]

i dont get why people listen to this guy who is this guy anyway?

i think wii u, & 3DS are gonan do just fine, i play my 3DS daily, & my wii i been on bclack ops & brawl lately & gonna pick up mw3. cant wait for wii u

Michael Pachter is the managing director of Equity Research at Wedbush Securities.

 

[zanfire]

i still kind of find it pointless. His viewpoint is moot because hes saying that basically all gaming is dipping in sales because of smart phones and tablets. Does not matter if its nintendo or sony or MS...that are all, according to him, not going to make as much.

so really he said almost nothing...

 

[Midna]

By now I've learned to take everything Patcher says, and store the opposite in my head for future reference.

 

[DigitalDeviant]

i still kind of find it pointless. His viewpoint is moot because hes saying that basically all gaming is dipping in sales because of smart phones and tablets. Does not matter if its nintendo or sony or MS...that are all, according to him, not going to make as much.

so really he said almost nothing...

well he said “I'm paid to advise investors, and none have made a profit owning Nintendo stock. I don't think that many will make a profit over the next few years, because I don't think Nintendo's strategy will return them to profitability.”

 

[heartgold]

I'm having fun with my 3DS, I don't give a toss on sales, predictions, opinions, never have all my life and why should I start now.

 

[OriginalHamster]

i dont get why people listen to this guy who is this guy anyway?

i think wii u, & 3DS are gonan do just fine, i play my 3DS daily, & my wii i been on bclack ops & brawl lately & gonna pick up mw3. cant wait for wii u

Michael Pachter is the managing director of Equity Research at Wedbush Securities.

Yeah big deal, it's the same guy that said the Wii was a fad and it could lost momentum in the second year, it turns out to be the longest fad in video-game history.

 

[Guild McCommunist]

I don't give a toss on sales, predictions, opinions, never have all my life and why should I start now.

Lemme just save this for future reference since it's total bullshit anyway.

 

[heartgold]

I don't give a toss on sales, predictions, opinions, never have all my life and why should I start now.

Lemme just save this for future reference since it's total bullshit anyway.

Ok... by all means

 

[Giga_Gaia]

Michael Pachter is a douchebag. Everything that comes out of his mouth is pure shit. Litterally, there is shit coming out of his mouth every time he talks.

 

[zanfire]

i still kind of find it pointless. His viewpoint is moot because hes saying that basically all gaming is dipping in sales because of smart phones and tablets. Does not matter if its nintendo or sony or MS...that are all, according to him, not going to make as much.

so really he said almost nothing...

well he said “I'm paid to advise investors, and none have made a profit owning Nintendo stock. I don't think that many will make a profit over the next few years, because I don't think Nintendo's strategy will return them to profitability.”

so hes saying to not invest in the one company that actually took a big leap up in hardware sales last gen? the DS and wii being (correct me if im wrong) the 2 highest selling consoles of all time...that tells me he might have been a terrible adviser. Nintendos inhouse games still sell like crack, some games more then ever, and apprently the 3DS is starting to sell faster then the DS.

i just dont see why hes saying that. But this is coming from an old guy who only likely plays angery birds on his iphone.

 

[KingVamp]

I seen this article which lead me to his whole Keynote.

I think Nintendo’s in disarray. I think the idea that we don’t know the price point yet, but we do know what the console is, is just sad. I think they’ve completely blown that. It’s gonna launch at $249; because it has to. They’re dead if they launch at $259, I think they’re toast then. I think they’re toast anyway.

All the consoles now are running in 1080p, so what are we gonna get? 60 frames per second standard, and 120 frames per second occasionally? Who cares? Have you played NBA 2K? It looks like a frickin’ movie. The facial animation isn’t great, but the game looks like a movie. It doesn’t get any better than that.

He also defended Zynga against arguments that all of their games are the same, noting that “you could absolutely say that about first-person shooters. You could. They’re all the same game. Except they’re not. I would say that about Hidden Chronicles and Gardens of Time. I love Zynga games, and I get why they’re doing them.”

People are going to have that $60 – soon to be $70 – game play experience as long as there’s somebody who has a vested interest in making sure that happens.

Link
This is his whole Keynote.

 

[Valwin]

first rule of pachter

do and think everything oposite of what he says