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Topic: That Michael Pachter Thread

Showing 61 to 72 of 72

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Bankai

61. Posted:

rayword45 wrote:

Even though I never said anything remotely close to that, I get what you're saying.

However, that was a bad example of mine. Here are some other quotes taken from Pachter with my best attempt to keep them in context.

I don’t think Nintendo fans are so stupid they would buy a piece of cardboard. A box on the other hand, that says Nintendo on it, they probably would.

If you don’t like that answer, Nintendo fans, deal with it.

And (especially the first one) I don't think any of this qualifies as stock market predictions/probabilities. And then there's the fact that he ignores former Nintendo trends such as building back up from huge mistakes like the 3DS launch, or even the N64/GameCube drought. Would that make it a good investment? No, probably not. Does that mean he should say "Nintendo is doomed/won't recover/will drop out of hardware" every single generation? I don't believe so, it would be as much as saying "don't invest now"

With regard to the box comment, he's not all-that wrong, in the sense that Nintendo has built up a fanatically loyal userbase and they will buy almost anything Nintendo produces. It's a good thing, really, though when it comes to new consoles it doesn't represent the mass-market appetite for the device so well; every Nintendo fan goes out and preorders (happened with the Wii U) and no one aside from the Nintendo fan base buys it, leading to an underperforming console a few months later (again, the Wii U).

That said I do agree with you. Pachter has two problems here:

1) He's a business analyst, and really shouldn't be spending time commenting at NeoGAF and on consumer game sites. That would be like a CEO of a bank doing an exclusive interview with Playboy; he's not going to be able to say anything that most of the readers are going to understand.

2) He has a serious articulation problem. I get what he's talking about, but I know how analysts work and I have access to most of the same data he does. Unless you actually know what he's talking about and understand an analyst's job, Pachter's not going to make much sense. He'll even sound silly.

So, while I agree with most Nintendo fans that Pachter should STFU, it's actually because I believe he is a very good analyst and is wasting his time on a bunch of people who talk big, but would never dream of actually investing real money in Nintendo.

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Geonjaha

62. Posted:

Bankai wrote:

Nintendo has built up a fanatically loyal userbase and they will buy almost anything Nintendo produces.

Yes, but that is equally as true for Sony/Microsoft/Apple and any others you'd care to name. It's a fairly unnecessary direct statement.

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Bankai

63. Posted:

Geonjaha wrote:

Bankai wrote:

Nintendo has built up a fanatically loyal userbase and they will buy almost anything Nintendo produces.

Yes, but that is equally as true for Sony/Microsoft/Apple and any others you'd care to name. It's a fairly unnecessary direct statement.

Nope, It's a necessary statement to make. From memory Pachter made those comments before the Wii U was released. He was likely, in his own poorly articulated way, explaining how the initial hype behind the Wii U (where it sold out of preorders and was a "hotter gift than Apple" for Christmas) was not a guarantee that the console itself has great market viability.

And what do you know, he was right. Despite all those preorders and the pre-release hype, the console is selling dismally.

Why? Because the Nintendo fans are not such a large group to guarantee commercial success for a product.

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Kyloctopus

64. Posted:

@Bankai You'd be surprised just how many consumers aren't complete fans of a company, and put their time of interest in something else, like Farmville, or Keeping Up with the Kardashians.
Apple and Nintendo have been so successful with the Wii and iPhone because its completely simple to understand, and found it a unique way to make your life better, and I have over 30 Million Wii Fit Sales as evidence.
After Kinect, Xbox's was quickly becoming massively popular, with the help of Microsoft's mature games adolescence rejoice about.
The problem with the Wii U might be that its unsure of its target audience at the moment, or its trying too little to target everybody. Fanbase is more of an afterthought after the company has reached success for their console.

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rmqkr

65. Posted:

Wii U is doing just fine. With the 3DS they (including the total idiot Pachter) buried it much deeper. And suddenly you see articles saying how there were 10000's of 3DS's at PAX and not a single VITA. http://www.pcmag.com/article2/0,2817,2417003,00.asp Most media is trying to paint a picture of how phenomenal 3DS is and ignoring their past predictions. If you back they had the same dire predictions about the Wii, how it was terrible idea after the gamecube, and it will fail. And yes, Pacther was then too. Wrong as always. Pachter at some point said World of Warcraft will be a disaster without any users. ROTFL.

So the Wii U too will do just fine. After E3, expect a load of games from Nintendo. They will shift focus from 3DS to Wii U. It took them a while to make a perfection like Luigi's Mansion 2 which is selling great now, and it will take them a while to bring the new Marios Zeldas etc to the Wii U which will make it fly. And yes, it might be another Wii Fit U or something else which does it. I am not worried.

rmqkr

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rmqkr

66. Posted:

[quote=rayword45]

Bankai wrote:

I suspect, however, if you really were about to throw a million at the stock market, you might take what Pachter and others say a little more serioisly.

No. Most investors know that analysts are hacks and do not listen to them. Especially ones with such poor records like Pacther. They have no value. You can find two differing opinions on every stock. Real investors make their own judgments. And yes , I invest a lot. Also in Nintendo.

rmqkr

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Unca_Lz

67. Posted:

[quote=Bankai]

rmqkr wrote:

rayword45 wrote:

I suspect, however, if you really were about to throw a million at the stock market, you might take what Pachter and others say a little more serioisly.

No. Most investors know that analysts are hacks and do not listen to them. Especially ones with such poor records like Pacther. They have no value. You can find two differing opinions on every stock. Real investors make their own judgments. And yes , I invest a lot. Also in Nintendo.

Then I suppose you can explain why Nintendo stocks went down as Pachter was advising against buying those stocks? :O

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Unca_Lz

68. Posted:

rmqkr wrote:

Wii U is doing just fine. With the 3DS they (including the total idiot Pachter) buried it much deeper. And suddenly you see articles saying how there were 10000's of 3DS's at PAX and not a single VITA. http://www.pcmag.com/article2/0,2817,2417003,00.asp Most media is trying to paint a picture of how phenomenal 3DS is and ignoring their past predictions. If you back they had the same dire predictions about the Wii, how it was terrible idea after the gamecube, and it will fail. And yes, Pacther was then too. Wrong as always. Pachter at some point said World of Warcraft will be a disaster without any users. ROTFL.

So the Wii U too will do just fine. After E3, expect a load of games from Nintendo. They will shift focus from 3DS to Wii U. It took them a while to make a perfection like Luigi's Mansion 2 which is selling great now, and it will take them a while to bring the new Marios Zeldas etc to the Wii U which will make it fly. And yes, it might be another Wii Fit U or something else which does it. I am not worried.

Pachter also said the 3DS would sell well after its launch. Guess he was wrong about that too! :D

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edhe

69. Posted:

Here is a picture of Michael Pachter.

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[GDC/Kotaku]

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Kyloctopus

70. Posted:

Michael Pachter is now saying we should stick forks in the Wii U, if it has no third party support by the end of the festive season.

There are about 30 million Nintendo fans who will buy the console. Unfortunately 90% of them will be unhappy about missing out on 3rd parties such as FIFA or Call of Duty if the platform isn't supported after the holidays. They will get a 2nd console as a result of that. In order for Nintendo to sell more than those 30 million fans they need 3rd party support. Otherwise stick a fork in them.

Show all your rage and a piece of your mind below. We'll also accept any comments agreeing with Pachter. But I warn you, you will get backlash from it (not by me of course).

Edited on by Kyloctopus

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MAB

71. Posted:

OK you can put the pachter thread away now. It was mainly used for silly memes and gifs but it got old fast... Demon be gone ;)

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Kyloctopus

72. Posted:

This thread was not for memes (but all memes are welcomed). This thread was to wrap all the other Pachter threads in one place. That way, we reduce the number of needed threads down.

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