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Forums - Sales - Pachter: 'We Now See Just How Wrong We Were'

PAchter just had a meltdown



All hail the KING, Andrespetmonkey

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Yes Pachter might be wrong a lot of times. At least he is not back peddling this time.



MikeB predicts that the PS3 will sell about 140 million units by the end of 2016 and triple the amount of 360s in the long run.

they were amazingly wrong



In terms of revenue, the gaming industry is holding up not bad. Yeah they're a bit down from last year, but still above 2007 levels. 2008 was just a huge year in terms of software.

In terms of profit it's still terrible for many big and small companies, but that's not exclusive to this year...



My Mario Kart Wii friend code: 2707-1866-0957

jarrod said:
Edouble24 said:
Lets be honest, we didn't have many big games at all before November. We had Resident Evil 5 and Pokemon vs the onslaught of popular titles in 2008. 

Er, we also had Wii Sports Resort, Falo 3 ODST, Killzone 2, Kingdom Hearts 358/2days, Mario & Luigi 3, Street Fighter IV, UFC, Batman AA, Prototype, Punch-Out... 2009 wasn't that terrible, even if it didn't have huge hitters like Mario Kart, Wii Fit, Smash Brawl or GTA4 in the spring.

We also had Uncharted 2 in mid-October.

By the way, was the "Falo 3 ODST" a joke, a typo or deliberate?



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And there is going to be alot of red ink this holiday season.



"...You can't kill ideas with a sword, and you can't sink belief structures with a broadside. You defeat them by making them change..."

- From By Schism Rent Asunder

Edouble24 said:
Grimes said:
The game industry is not fine. How many companies are generating any profit? I can't think of many except for Nintendo, Activision and Zynga. I'm sure there are others, but I can think of more that are struggling.

revenue may be down but plenty of companies are making money. Square-Enix, Namco, Microsoft, EA, Capcom. Most of the big name companies are doing just fine, smaller companies are struggling but that's not a trait unique to this generation or the video game industry.

 

EA $391 million quarterly loss

SE $29.8 million profit 6 months (55% decline from previous year)

Namco Bandai $31.8 million loss last reported quarter

Ubisoft €52.0 million net loss 6 months

T2 $55.5 million loss

THQ $5.6 million quarterly loss

Activision $15 million quarterly profit

Gamestop $52 million quarter profit (down from $232 million prev year)

Konami $18.7 million quarterly profit (down from $65 million prev year)

 

Looks like a picture of health....

 

 



Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.

GreyianStorm said:
jarrod said:
Edouble24 said:
Lets be honest, we didn't have many big games at all before November. We had Resident Evil 5 and Pokemon vs the onslaught of popular titles in 2008. 

Er, we also had Wii Sports Resort, Falo 3 ODST, Killzone 2, Kingdom Hearts 358/2days, Mario & Luigi 3, Street Fighter IV, UFC, Batman AA, Prototype, Punch-Out... 2009 wasn't that terrible, even if it didn't have huge hitters like Mario Kart, Wii Fit, Smash Brawl or GTA4 in the spring.

We also had Uncharted 2 in mid-October.

By the way, was the "Falo 3 ODST" a joke, a typo or deliberate?

lol.  Real typo, I swear!

 



Grimes said:
Edouble24 said:
Grimes said:
The game industry is not fine. How many companies are generating any profit? I can't think of many except for Nintendo, Activision and Zynga. I'm sure there are others, but I can think of more that are struggling.

revenue may be down but plenty of companies are making money. Square-Enix, Namco, Microsoft, EA, Capcom. Most of the big name companies are doing just fine, smaller companies are struggling but that's not a trait unique to this generation or the video game industry.

 

EA $391 million quarterly loss

SE $29.8 million profit 6 months (55% decline from previous year)

Namco Bandai $31.8 million loss last reported quarter

Ubisoft €52.0 million net loss 6 months

T2 $55.5 million loss

THQ $5.6 million quarterly loss

Activision $15 million quarterly profit

Gamestop $52 million quarter profit (down from $232 million prev year)

Konami $18.7 million quarterly profit (down from $65 million prev year)

 

Looks like a picture of health....

 

 

 

Good post. I'd just add that Activision's profit looks like it came mostly  (or all) from Blizzard.

 



My Mario Kart Wii friend code: 2707-1866-0957

drudaddy said:
When has Patcher ever been right about anything?

A LOT of times, but the thing is that people only write articles and start threads about the times he's wrong. So, in the end you only read about his wrong predictions.