Pachter: Hirai, Greenberg both correct
Thursday 22-Jan-2009 10:30 AM Analyst next to jump in on 'longevity-gate'
http://www.computerandvideogames.com/
It's been like a dissing match in a corporate playground as Sony's Kaz Hirai and Microsoft's Aaron Greenberg lay into each other. Wedbush Morgan Securities analyst Michael Pachter, however, says they're both right.
Hirai began by saying 360 "lacks longevity", and asserting the PS3 would finish the current gen in the lead globally.
Greenberg, talking more specifically of the US market, responded saying Sony is "out of touch" with the industry and demonstrates a "complacent attitude".
Pachter is the voice of reason: "Aaron Greenberg is right that Sony likely won't catch Microsoft in the U.S. until at least 2014. Kaz is right that Sony will likely catch Microsoft globally," he said.
"Sony likely has a 4 million unit lead in Japan, is behind by 7 million in North America, and is behind in Europe by 2 million. My guess is that Sony can sell 2 million PS3s per year more than Microsoft in Japan for the next several years, and can catch up in Europe in two or three years," he said.
"So by the end of 2011, Sony should be even in Europe, ahead by 10 million units in Japan, and behind by a greater margin than 7 million in North America," predicted over at GameDaily.
"Funny that nobody is talking about catching the Wii," added Pachter.
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