GameStop + Pachter comment on Wii + ps3 shortages

[silicon]

Kasz216 said:

Cross-X said:

Arius Dion said:
Here's what I don't get. In December, Wii sold about as much in 1 MONTH than PS3 did for the entire YEAR in America. Nintendo was cleaned out, shortages have been reported why's Pachter having an orgasm about Wii having an underwhelming Febuary (considering the circumstances)? I've no idea. But he's rapidly becoming as big a fool as bruceongames or hiphopgamer.

That's what I wanna know. Where does he get his confidence from? He talks as if he's the man

He's an analyst.  Analysts NEED to be confident.  If he wanted to an Analyst could tell you with a straight face that dog poop in a sandwhich bag was going to be the number 1 hit X-mas 2010.

I think he's an analyst for investors. Investors don't care about total numbers as much as they care about growth... Wii could sell a million times more then the PS3 but if the PS3 market share grows and the Wiis shrinks then you make more money investing in the PS3.

(I'm not 100% sure on the particulars though.)