Pachter: "Wii U won't save Nintendo, phones took 35% of the market"

[mike_intellivision]

Train wreck said:

mike_intellivision said:
One thing that is being lost with the percentage talk or a sudden surge in iOS devices is that many time people are buying REPLACEMENTS. Most people update their smart phones every 18-24 months. That means they constantly move hardware. But some people treat these replacements as new users. That overstates the market. Also, many people buy them for work and not for gaming. Some have game machines while others were and are never going to buy game machines.

Pachter's statements seem to be especially and increasingly anti-Nintendo. There are some analysts (e.g., Motley Fool) who have upgraded Nintendo to a buy because of the 3DS and WiiU. Meanwhile, Pachter reminds me of a previous favorite among Nintendo Fans -- Sean Malstrom -- who seems to think he has a better idea of the direction Nintendo should take than those running the company do and is highly offended that his ideas are not being followed.

Mike from Morgantown

The motley fool, really? LOL ok...

Just citing one source to show not everyone agrees with Pachter's "Nintendo is doomed" analysis.  There are those who do, often for similar reasons. It is my contention that they often look at the numbers but do not know what they truly mean.  I do not have any special information or insight wherein I can say that Pacther is trying to artifically change the market through his statements to better his clients.  That being said, I doubt I would want to do business with his firm because Pachter seems more about getting PR than about getting it right.

 

Mike from Morgantown