Here we go again
Pachter records so far.
Before Switch's launches
His forecast = 5m units shipped in the second FY+ Q4 last FY
Actual result = 17.79m units shipped
After Q4 financial result he revised and bumped the forecast number to 10m but then he bumped it again to 12m after Q1 financial result.
Actual result = 17.79
After 3 times revised his forecast number he still over 5m units off from the actual number
Next fiscal year forecast by him, perhaps he will get it right this time.
Pachter forecast = 8m units shipped
Actual result = 16.95m units shipped
even worse than before with nearly 9m units off the mark but dared to spout this BS about his 8m projection
“Look, I think Nintendo is just out of touch,” he said. “I mean, I think they have no idea what they’re doing"
After making fun of himself during 3 last FY forecast his new prediction is
"The Switch can sell 20 million units annually for the next three years,” said Michael Pachter, an analyst at Wedbush Securities Inc. “So it should easily get to 100 million.”
rip Nintendo Switch
Pachter records so far.
Before Switch's launches
His forecast = 5m units shipped in the second FY+ Q4 last FY
Actual result = 17.79m units shipped
Nintendo Switch Could Be in Trouble, Says Wedbush Securities Analyst | Fortune
Nintendo Switch could make a splash when it hits store shelves in March. But one analyst wonders whether it might fall flat.
fortune.com
After Q4 financial result he revised and bumped the forecast number to 10m but then he bumped it again to 12m after Q1 financial result.
Actual result = 17.79
Nintendo Switch annual forecast bumped up to 12m by Wedbush
Analyst Michael Pachter says Nintendo may be stockpiling "excess" units in preparation for the holiday season
www.gamesindustry.biz
After 3 times revised his forecast number he still over 5m units off from the actual number
Next fiscal year forecast by him, perhaps he will get it right this time.
Pachter forecast = 8m units shipped
Actual result = 16.95m units shipped
even worse than before with nearly 9m units off the mark but dared to spout this BS about his 8m projection
“Look, I think Nintendo is just out of touch,” he said. “I mean, I think they have no idea what they’re doing"
After making fun of himself during 3 last FY forecast his new prediction is
"The Switch can sell 20 million units annually for the next three years,” said Michael Pachter, an analyst at Wedbush Securities Inc. “So it should easily get to 100 million.”
rip Nintendo Switch