GR: Wedbush Securities analyst Michael Pachter has been known to piss off Nintendo fans every once in a good while, and it looks like he's done it again.
i wonder if he also thought the 3ds would fail and be replaced with smartphones and tablets.
He certainly doesn't have the best track record....
I predict Pachter will have to abandon his career. This guy is wrong all the time. I dunno how he keeps a job.
I doubt there will be a next Nintendo home console.
This is a good thing, since Pachter is usually wrong, so Nintendo has a bright future in hardware.
Not 3ds, but handhelds will be replaced by Smart phones and tablets. Just look at the decline from last gen to this gen
Sell less sure .... replaced? no.
Well I dont see it happening like that but I see the next lot of hand held consoles having more smartphone/tablet features, imo one wont replace the other, but merge into the same thing....if that makes sense
The handheld market can survive without casuals. Hell it's probably better off for core games that were so often lost in the piles of shovelware with the DS and PSP. Ghost Trick is one of my favorite games on the platform and like 2 people know about it.
I believe the future of handhelds will be that they're included with the next gen consoles. The Nintendo consoles will have a 3DS/gamepad hybrid with wifi and of course be backward compatible with the 3DS & Wii U. Sony & MS will do the same. Yes that's right Sony & MS will have gamepads!
Handheld's aren't going anywhere. Granted they'll have to market and design differently to accommodate the smaller market size but I have trouble imagining dedicated gaming devices of any kind dying off anytime soon.
Oh i understand what you mean now. That's why Don Matrick got the job of a lifetime, and was spearheaded to reinvigorate the Mobile Gaming Market and Zenga, after successfully launching the smashing success of Xbox One, right? Man, the future predictors of gaming at Microsoft can do no wrong.
Nintendo might still make software and handhelds, but it will most likely be out of console hardware business.
You don't make any sense
last time I looked they were getting money. Actually to correct you there making money off of the Wii U now Microsoft s the first gen console maker to dropp there price by $100.00
last time I looked they were getting money. Actually to correct you there making money off of the Wii U now Microsoft s the first gen console maker to drop there price by $100.00
IIRC, He said the Vita would dominate the 3DS
Pachter is just a clown with a slight mental retardation that spews the first thing that comes to his a$$, note I said a$$, not mind, because he has none.
Lol @ all the arm chair analysts. Patcher makes over 6 figures a year doing what he does for some major companies. I find it hard to believe if he failed every time he opened his mouth that companies would keep paying him. He makes market predictions and you all act like he killed your dog. Would love to see copies of everyone's business economics Masters Degrees. You can post them to imgur then link is to them in your comment.
Market prediction is nothing more than wild guessing. Markets are complex systems; you can't analyse them comprehensive. Just take the housing and credit bubbles of the last decade ... no major analyst forcasted them precisely, if at all. It's just a farce. Inside knowledge is the only way to make accurate "predictions"; basically that means stating what you allready know. (e.g. a manufacturer getting a big order, which isn't yet officially confirmed ... you know about it and "predict" the business will florish) Innovation on the other hand is allways risky and less predictable: tablets and motion controll are examples of recent success; virtual reality, "the cloud", the next nintendo console on the other hand, who knows how they will turn out ... On topic: imo Pachter is entertaining, but not to be taken seriously.
@ Ark_ Housing and credit bubbles are bad examples as the FED manipulated the market to create them.
How come nearly all of his predictions regarding the game market have been wrong? We all may not be business analysts, but we have evidence that his predictions rarely come to fruition afterward. It's not business expertise. It's basic cause-and-effect problem solving.
They'll link you their fanboyism degrees from last gen if that counts. OT: I believe that most of what he predicts is marketing ideas or plans. He clearly has some friends working in the big companies who leak fragments of the companys' plans for a little profit.
Lol you are right I only have a bachelor's and not a masters yet, but their is a reason why Pachter is not an analyst whose quotes you bring up when you want any legitimate research to be done. I would much rather hear from an analyst that doesn't rely on controversial statements to bring weight to their claims.
He has admitted in interviews that he is lucky to be right 20% of the time.
He must have started feeling irrelevant again. Whenever that happens he forcasts doom for nintendo. He just wants attention.
I seriously doubt Nintendo will stop making consoles, but if they did, and then became a 3rd party publisher... Let's just say they would make a lot of money selling there games on playstation, Xbox, and PC.
The comic strip at the bottom of my post pretty much says it all. Also, @ Avengers No, dude. They would not make money on those consoles. You will never find a gamer on any of those consoles that would prioritize a game like Mario 3D World if it came out around the same time as games like FORZA, Infamous, Dragon Age, The Witcher, Destiny, Uncharted, or many other third party games that use realism and grit as their hooks. Sony, Microsoft, and PC gamers simply do not value Nintendo's games highly enough to be a viable, profitable, market for Nintendo. If they did, then these same gamers that can afford a $400+ system would be eating up the $199 deal for the system on Nintendo's website, and we'd be into the 8 or 9 million mark by now. Nintendo's games would not sell well on non-Nintendo systems, because the priorities of gamers on those systems are reserved for games that focus on realism and gritty/dark tones in their stories/gameplay. Nintendo does not suit their tastes. They'd never survive there. Going third party would be the true death of Nintendo. End of.
Well I am a Playstation gamer, and I would buy games like Mario kart, Zelda, metroid, X, and donkey kong. Plus if there wasn't a Nintendo console there fan base would buy there games on other consoles. The same if playstation or Xbox stopped making consoles, but put there games out still for consoles and PC, they could still make lots of money
I can't see the company ever completely abandoning hardware. That doesn't make sense given the popularity of its handhelds.
Same here. Nintendo isn't exiting the hardware business anytime soon.
As much as I wish they would (I'd love a zelda game on PlayStation), I don't think it will really ever happen.
Yeah... not a chance.
Nintendo said if they stop making hardware then they will not make software either.
Can't imagine their shareholders would love that but if they chose that then it's their choice.
That's just their way of getting us to shut up about it.
If Nintendo dropped out of hardware, they have stated that they would be taking their games with them. That means you would never see them go third party, and you would never see Zelda on Playstation. You'd be living in a world completely bereft of Zelda. Hence, wishing they'd drop out of hardware is literally the exact same thing as wishing for the death of every single Nintendo franchise in existence.
Same here, I would love to play their games on other platforms, but I don't see it ever happening.
No they will not.
No they won't. If Nintendo actually played all their cards right they could be #1.
No doubt. Look how they've turned around 3DS
Number 1 with outdated tech and non existent feature, and zero third party? Hell if Sony wasn't incompetent with the Vita then the 3DS would be smoked also. They won't die in the next 10 years, but if they keep putting out consoles like the Wiiu, then they're going to be a software only company in the next 2 generations.
"zero third party?" absolutely no 3rd party? So if I just name one third party game I disprove you right? Shantae and the Pirate's Curse... :P "but if they keep putting out consoles like the Wiiu, then they're going to be a software only company in the next 2 generations." Love how you just ignore the possibility of them going handheld only.
Noticed how he said "if they played their cards right?" And no, the Vita never had the chance to smoke the 3DS.
You have done literally Zero research. Nintendo has stated that they will never go software-only, that if they ever abandoned hardware then they'd take their franchises down with them into where-ever they end up. You'll never see Nintendo games on Sony or Microsoft hardware no matter how much you wish for the death of Nintendo's hardware. Oh, and btw? The Wii U's sales have been growing. They're currently above the XBone. Another console like this would hardly be the death of them, because they've proven they know how to survive.
haha vita smoking the 3ds....haha the vita is more dead to sony than my childhood dreams are to me haha...seriously sony lacks complete faith in the vita...quite sad
Patcher has been wrong with just about every prediction he makes so...
Except for "GTA V will sell well" HE'S A PSYCHIC!
TIL: One right prediction makes someone psychic (Yes, I know your comment was sarcasm)
I could see Nintendo consider getting out of the home console market eventually if their next platform doesn't perform better, but Nintendo would NEVER get out of handhelds because they have that market completely locked down. There is literally no reason for them to stop making handhelds.
While I don't necessarily agree with prediction that they will have to give up the hardware business...to a certain extent, there is some bit of truth with his description of Nintendo and their mindset over all.
I thought patcher was dead.... I was wondering where his articles where, not that I wanted to read them. also how can you be passed off when he is wrong? Patcher does have a point. 3rd parties and of course sony and ms want nintendo gone. I'm curious if they can pull that off though. The reality is Nintendo will always be around. They are simply needed since no one else wants to do their job. Which is actually providing real core gamers with game play and various game types.
Sony's Yoshida and Microsofts Phil Spencer have gone on to praise Nintendo and in someways mention that competition is good so please stop with the conspiracies. Various game types? Like what exactly platformers, jrpgs? Nintendo is aiming towards the family friendly crowd if anything they need to branch out and stop playing it safe. ;)
Accidental duplicate, please disregard.
Splatoon, Bayonetta 2, Devil's Third, the return of Fatal Frame, Xenoblade Chronicles X, etc etc etc. Nintendo's branching out slowly but surely. Certain people just keep looking more at graphics than anything else far too often and use that as an excuse to say they're only catering to the family crowd.
Based on their release chart, I'd say they are doing exactly that.
http://wiiudaily.com/2014/0... Andy Tudors quotes about Wii U hardware.. Those devs that truly love their craft are making us some wicked games..
Well lol _ wut it really is sad you don't know about all of those glorious game types nintendo makes. Puzzle games, adventure, simulator and Sim games, social games, brawlers, horror action adventure, skill based platformers, rpgs, 2d and 3d platformers, sports themed games, dramatic action adventure turn based strategy games. I mean really they have almost done it all. They even support the old guard in treasure and other studios in keeping their games alive. Vs a bunch of sand box, fps and story only based games. Hey but we all know patcher isn't really a gamer. He is a casual player that doesn't understand gaming but does understand pr pressuring. I would have to question if you are just a collector or casual gamer if you didn't know the above. Nintendo would better serve it self by opening an open platform within the certified development teams platform to offer the freemium games that people crave. Unity3d would be a prime candidate for this. Oh sorry for the typo but patcher doesn't pass anyone off anymore. Of course sony and ms want to push nintendo out. You can believe the pr if you want. Ms does nothing but build monopoly situations or disrupt where they can and they both would get a huge stock boost from nintendo going sega route. This is a cash out mentality. It would not be in the favor of its fans or their bottom line. Just because it is repeated on the internet doesn't mean it's right. I mean there are people on here setting themselves on fire for God's sack over a dare.
Patcher need to shut up.
Hahahahahaha..........wait this wasn't a joke? Nintendo won't have to abondon hardware in my lifetime. They may choose to at some point but they will still be making hardware when there is nothing else left but cockroaches if that is what they want to do.
Everything he said in that short paragraph is true. EVERY SINGLE WORD HE SAID. They're behind other console makers by atleast 8 years when it comes to both hardware and features. By the time their next console comes out they'll be even further far back and their third party woes will continue. People can try to discredit Pachter, but try to discredit the hard facts he presents.
Yet these other hardware companies are even further behind when it comes to making their own quality games! They pander to 3rd parties because they know they're not capable of releasing decent games on a regular basis themselves. Nintendo will always continue to do well!
Pachter, you're going to die of old age before this happens, if it ever even happens lol.
By not giving a time frame means he eventually has to be right.
Gonna make sure I tell his grand grand children how he was right
I got you covered: I'll tell his grandchildren's grandchildren how he was right! He'll be known as a hero! .../s
Yeah, Nintendo will abandon hardware eventually. I'm gonna guess they'll abandon it during the inevitable flame death of the universe.