Posted by: seanmalstrom | February 11, 2009

Pachter says innovation is bad for business

The big Quack makes his appearance!

Innovation is bad for game business, so says Lord Analyst Pachter. Hail! Hail! (Apparently, Microsoft and other game companies disagree.)

I’m realizing that Pachter takes a stand on every subject that is opposite that of Iwata. It is amazing how Pachter and Iwata never agree on anything (except for user-generated content but that is another story).

Of course, when Pachter is wrong, he just yuks it up and smiles at us. When Iwata is wrong, billions of dollars are lost.

Who would you listen to?

“I think brand loyalty is going to kick in for Sony, starting today,” said Wedbush Morgan industry analyst Michael Pachter. “There is a huge installed base of loyal PlayStation 2 owners who have been looking for a reason to upgrade, and they have strong previous ties to the Grand Theft Auto franchise on PlayStation platforms. Add to that a number of other big exclusive games for PS3, including Gran Turismo 5 Prologue, Metal Gear Solid 4, LittleBigPlanet, and SOCOM: Confrontation, to name a few, and it seems like Sony’s in a great position right now.”

-Michael Pachter May 2, 2008

No! Bad analyst!

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