Pachter: Switch on track to sell only 8 million systems this Fiscal Year

[TruckOSaurus]

setsunatenshi said:

Mnementh said:

I'm under the impression, he might be more diligent then working for paying customers, then making wild speculations in an interview or in Youtube videos. The journalists adding the title analyst to his predictions do him wrong, as he makes these as a common forum dweller, not in his function as analyst.

The fact is Nintendo Labo bombed and many analysts were attributing the bullish expectations Nintendo set up for the fiscal year to that release. There is plenty of sense, and I agree, Nintendo will not hit their target estimates. Furthermore, without a price cut I think they will be not even close to hitting the expected sales figures. 

So I don't think it's just wild speculation on his part, but yeah people love to make mountains out of molehills when actually something pretty uncontroversial was said (and factual too). He's not saying Nintendo will only sell 8M, rather that they are on track to that figure based on the recent sales numbers and extrapolating based on that. Probably a more complete answer would be "Nintendo tracking to 8M, meaning it's very unlikely they will hit the 20M estimates they set out at the start" (don't remember if it was 20M, but it was somewhere around there).

That's the thing, he's not extrapolating based on the Q1 numbers because then he would get to something like Asriel's 14.8 million figure. He basically took Q1 times 4 which is a worthless number. That's like saying the PS4 is on track for 12 million sold and will miss their 17 million target by a lot when all signs point to Sony easily making their projection.

Last edited by TruckOSaurus - on 20 August 2018