July 1st, 2009 by Ben Gilbert
Normally when Wedbush Morgan analyst Michael Pachter whips out his crystal ball and starts getting the vapors, he doesn’t have time to turn on his minirecorder and take down the futurespeak channeled through his body. Luckily for us (and you!), he not only recorded it this time, but also wrote it down in the form of the 2009 Interactive Industry Report! We delved through the beast of a document this afternoon and found an interesting segment regarding the Nintendo Wii relying on “slower adoption rates of current generation technology” (read as: high-def displays) to help boost sales.
Pachter writes on page nine of the report, “The global recession served to benefit Nintendo at its competitors’ expense,” referencing Microsoft and Sony as having slower console sales this generation due to HDTV functionality built into the systems. He argues that consumers who might purchase the Xbox 360 or PlayStation 3 are more likely to buy the Wii not only because of the lower price point, but because of the subsequent HDTV purchase price. “Expect most consumers to defer purchasing a PS3 or an Xbox 360 until they have purchased an HD monitor,” Pachter explains. Though we’re not convinced that the same folks who would be purchasing an Xbox 360 or a PS3 would be running out to buy a Nintendo Wii in every case, we digress. What say you, Joystiq Biomass?
Pachter: Nintendo is benefiting from global recession side effects originally appeared on Joystiq on Wed, 01 Jul 2009 04:00:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Posted in , Business, pachter, analyst, hdtv, michael-pachter, wedbush-morgan | No Comments »
January 18th, 2009 by Chris Greenhough
Filed under: News
Let’s make this clear: Wii sold a helluva lot of units in North America during December. 2.15 million consoles in a single month is a number Sony and Microsoft can only dream about right now, but there’s no doubt that the figures weren’t as grand as expected. He who is Pachter predicted the console would clear the 3 million mark, only for the platform to fall short by 850,000 units.
Why the lower-than-expected sales? As usual, analysts reckon they have the answer: more of those accursed hardware shortages. EEDAR’s Jesse Divnich and Deutsche Bank analyst Jeetil Patel both believe demand outweighed supply for the third December running, with Divnich stating the Wii would have sold “north of 4 million units” if more consoles had been produced in time.
Phew, panic over! Wii’s not the next N-Gage or anything!
[Via Joystiq]
Hardware shortages blamed for Wii’s underwhelming December originally appeared on Nintendo Wii Fanboy on Sun, 18 Jan 2009 13:00:00 EST. Please see our terms for use of feeds.
Posted in , Business, npd, analyst, shortages, holidaze-2008, jeetil-patel, jesse-divnich | No Comments »
October 19th, 2007 by Chris Greenhough
Filed under: News
Michael Pachter? Dude knows his stuff.
Totally called
Halo 3's the Xbox 360's
September sales victory. But dab those tears away, because even though corks might be
a-popping now at Microsoft Towers, the Wedbush Morgan man expects the victory to be a fleeting one at best.
"Although sales of
Halo 3 accounted for all (and then some) of the growth during the month, the game clearly drove hardware sales that will position the industry for even greater sales in November and December, when many
Halo players will be ready for a new challenge," Pachter told Gamasutra.
Loose translation: the Wii will soon have clambered back on its throne, bloodied yet still
so very far from beaten. Now, do we all agree?
Read |
Permalink |
Email this |
Linking Blogs |
Comments
Posted in , halo-3, pachter, analyst, Xbox-360 | No Comments »
