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Pachter thinks NX will release in 2017, won't be very good.
- Thread starter Hoje0308
- Start date
Hey, Fox and DailyMail are still around.
GhostTrick
Banned
Advise in market's current health and trends. I dont pretend to be right though
His job isn't to pander to bigots and conspiracy theorists though...
BrokenFiction
Member
Meanwhile, at Nintendo...
TheSecondSpitter
Member
Fox and Daily Mail make their money from advertising, Wedbush Securities makes it money from institutional investors on retainer.
Golgo 13
The Man With The Golden Dong
Because he plays video games doesn't mean that his opinions are based on fandom nessecarily -- it's his job to analyze and predict the trends of the market. This is information that most of us don't follow on the level that he does. So when he says "NX won't be very good", I don't think it's because he hates Nintendo as a company or hates the games, it's because Nintendo has been a very poor company to invest in for the past few years and he doesn't see that trend changing based on a variety of factors.
Pokemaniac
Member
You mean aside from Nintendo's massive internal restructuring, branching out into new markets, and stated goals to adopt a more Android/iOS style model with their new hardware?
Perfect first post. He's also clueless about what this thing is going to be considering he was talking about the fucking hybrid again.
spookyfish
Member
That's not what I'm saying.
He's an analyst, who is PAID for his specialized knowledge. It was clear to anyone with half a functioning brain that from the beginning the WiiU was gonna be a flop, from the marketing to the continuation of "casual" gaming, when the bottom had dropped out with the Wii.
He needs to see things others don't see. That's what a true analyst does. From what I can tell, Pachter throws a dart and makes his conclusions.
Night Angel
Member
Sounds like Nintendo has a real winner planned for this year. Can't wait.
He was wrong on WiiU.
Meanwhile, at Nintendo...
It's good to get a confirmation from Pachter that the console is indeed coming out this year and will be mildly successful.
Thanks Michael, you're the man.
Megatron
Member
He admits that has no idea what the nx is. Those are his words. It is irresponsible to 'analyze' something when you have no idea what it is. Hes not doing his job. Doing his job woukd entail actually finding out what the NX is and analyzing that.
So the lack of multiplats and software support had nothing to do with the bolded?
BrokenFiction
Member
This. This. This. It's literally in the first sentence quoted. For good or ill, people listen to Pachter and when he speaks from a point of ignorance, it damages the industry.
The only newish venture that Nintendo embarked on with any promise is entering the mobile market. However, that has yet to bear any fruit and even if it's successful, it has little bearing on either NX platforms.
Bear in mind that nothing that Pachter talks about in terms of games and how they do are his day job - he just does it as a hobby. His day job is to analyze the dozen or so stocks that he covers for institutional investors.
pinkurocket
Member
With the big steps Nintendo has been taking recently, I don't think the 'old business model' argument is that strong. There will always be the "they should've done this 5 years ago" backlash whenever Nintendo introduces something to improve their infrastructure, and some of their decisions still seem dated compared to others in the industry. However overall it seems Nintendo is stepping out of their comfort zone and that's a good thing. Last time they did that, we had the Wii/DS era and I'm pretty sure that one was preluded with lots of dooom as well.
CosmicQueso
Member
How so?
Pretty much.
He's analizing...nothing. Since he doesn't know what it is but assumes it won't be good because of...things.
An actual analysis (and predictions) would be better when it is announced and we know their plans for launch and in general.
But right now?
Is like saying that the next update to NeoGAF will be bad even though I don't know what it is, based on me not liking something.
giant_frying_pan
Member
Ive no idea what that thing is going to be,
This should be the quote in the title.
This should be the quote in the title.
DeepEnigma
Gold Member
No-one should ever visit Gaf then... or any online gaming forum for that matter.
Yes, that's the worry, isn't it? Will they be able to catch up and be competitive or will it be another underpowered Nintendo box with a gimmick of some sort slapped onto it.
There would be a ton of posts saying "Yeah, makes perfect sense. Good on Nintendo!", "I knew it would release in 2017 all along", etc.
If they release it in February or March, a lot of the manufacturing is likely to be done this year anyway.
OrbitalBeard
Member
Come on man, you know we can't let facts get in the way of the "Nintendo is the old industry dinosaur" narrative!
As soon as I'm a well paid analyst and not some random forum dweller, you can shield me from criticism.
Patcher predicted the inmense failure of the Wii U, now he´s predicting the failure of the NX
I think it´s interesting
I wouldn't say he's always on the money, he's made quite a few mistakes over the past couple years.
That said, he's making some pretty safe predictions here. He'll probably be right with most of them (except maybe the hybrid part).
Didn't everyone predict that the WiiU was going to be a failure though?
You are immensively talking out of your ass
http://m.neogaf.com/showthread.php?t=491251
I don't consider it particularly interesting
Pachter did not
Oh lol. BRB, buying Nintendo stock.
Shit. I don't know this guy but judging from I read about him on GAF, did he even predict one thing correctly?
joecanada
Member
Nothing he said is very enlightening but it's hard to see what Nintendo can do to hit a home run and that's tough.
He's just kind of stating the obvious but clinging to an old business model as it passes them by seems pretty accurate at this point.
Wii was good concept but relying on that mainstream family market may be tough in iPad times
He's just kind of stating the obvious but clinging to an old business model as it passes them by seems pretty accurate at this point.
Wii was good concept but relying on that mainstream family market may be tough in iPad times
Milly Osworth
Member
Im predicting that you are taking the bait of the guy you quoted.
TemplaerDude
Member
I'm glad this thread turned out exactly the way I thought it would.
Orniletter
Banned
He has been objectively wrong on counless occassions.
I absolutely remember his "the 3DS should have been more expensive / well it's really dead I mean / the Vita will do better / actually it's dead too " flip flopping.
He predicted the XBone would succeed through TVTVTV and a smartphone-like subscription service. It's in super rough shape pretty much everywhere outside the UK/ US and MS is altering how they do business in response.
He has an awful eye for anything that's not in the western AAA space and even there he is far from good.
TheSecondSpitter
Member
this is just wrong.
When your competitors have sold nearly 70M consoles more than you and when your product relies on supply-side synergies (3rd party support) and a "bandwagon effect" on the demand side in a highly elastic market, you can easily make statements to this effect.
I think he made a positive prediction towards Nintendo like, one time.
something along the lines of "The Wii U will sell out until March 2013"
