shakarak on 13 August 2012
| NightDragon83 said: I learned a long time ago that Pachter is a business analyst. It's his job to say stuff that helps the people and companies who pay him, and Nintendo is not one of them. Whenever he makes a "prediction", he's not speaking to the gaming audience per say, but to all the suits out there who own stock in certain companies. Here's a quote directly from Wiki: "Pachter provides research coverage on digital media, social media, electronics retailers and movie exhibitors. As part of his research coverage, he issues buy, sell, or hold ratings on publicly-traded stocks, provides earnings estimates, and sets 12-month price targets." Which is why none of his "analyses" or "predictions" make sense to gamers... because he views things strictly from a business standpoint. When he says stuff like X game is going to sell 1 million units at launch, or Y console isn't going to do so well, it goes over the heads of gamers and right to investors, essentially telling them what they should do with their stock and investments. |
But he's still incorrect?
