Sony reshuffle says "absolutely nothing" about PS4 plans - Pachter

Wedbush Morgan analyst Michael Pachter has dismissed suggestions that Sony's executive reshuffle signals the company's exit from the console hardware market as "foolish" and "embarassing".

"I think Kutaragi's promotion signals absolutely nothing about Sony's plans for a PlayStation 4," Pachter told

"It is embarassing that an analyst could reach that conclusion so soon after launch. Sony cannot have made such a decision, and to draw such an inference is foolish."

Pachter's comments come after former SCEA boss Kaz Hirai was announced as the new president of SCEI - a move which, according to Nomura analyst Yuta Sakurai, suggests a shift by Sony away from hardware and towards software.

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HaKeRsCanRotINHEL4398d ago

going third party next console cycle, bank on it!

Bill Gates4398d ago

I couldn't agree with you more my friend. But that will not happen until another 10+ years. But in order for them to be able to do that they have to relly on the PS3. That's the main reason for Sony's high develpoment costs for it's future games.

"If you do not like my opinion, DO NOT reply to me. Simply state your OWN opinion so others may read it and contribute theselves. Thank You."

MicroGamer4398d ago (Edited 4398d ago )

9-10 years like Sony thinks it will. Consoles don't have life cycles that long. They always get obsoleted by the competition long before then. The only console I think that pushed the boundaries that far was the Atari 2600 which ran from 1977-1992. The Intellivision had a good long run, being produced from 1979-1991 but they had like 4 different owners in that time and didn't run as long as the 2600 did.

kornbeaner4398d ago

name anybody or any game/or bussiness magazine that has the 2600 going past 1980. the 2600 died a most foul death in the early 80's. It's nice that we can still play and in some cases buy the machine, that doesn't mean it lasted that long. when was the last time a game was released for the 2600. I still have a NES does that mean that the NES has lasted for over 20 yrs? NO. It great that you think the 2600 was a wonderful machine but seriouly you really can't believe that line you just said. IF its a Joke its really FUNNY but if your serious DAMN go buy a 360,ps2 or 3, man buy yourself a SNES or Genesis and you will see why the 2600 could never have lasted that long.

MicroGamer4398d ago (Edited 4398d ago )

if they aren't selling?? The 2600 and the Intellivision were still being produced in factories during the years that I mentioned and still being stocked in stores. They targeted an extremely low price point (I think they were like $29.99 after the NES hit) and kept on selling. Admittedly, after 1985 when the NES took the world by storm, there was little support for them, but they still sold well enough to continue production and games are still being produced for them both today. The homebrew scene for obsolete consoles and computers is getting bigger all the time. People love this stuff. Even as powerful as consoles have become, a lot of people will gladly give up the graphics and the online multi-player and all that for a simple game that is fun to play.

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DeathNote14398d ago

most deff.
no ps4.
because focusing on games is stupid right when you release a console. you need to focus on hardware.
::laughs at the above posters::