'It may continue to grow in China, but not in Europe or the U.S. I frankly think it's the buzz factor, and eventually it will come back to the mean, maybe a million subscribers.' 'I don't think there are four million people in the world who really want to play online games every month. As of today, Nintendo is winning with 42.9% of the market, Microsoft is in second with 29.3%, and Sony is close behind at 27.8%.īut that’s not nearly as bad a prediction as the one made by Pachter in September 2005 which, if followed, could have cost investors dearly: Ultimately, we see Sony winning the console war with 36% of the market, with Nintendo capturing second place at 34% and Microsoft finishing third at 30%.' 'We expect the dominant console at the end of the next cycle to be Sony PlayStation 3, primarily due to our assessment that Sony will win the high definition DVD format war. It is the product of Michael Pachter, who famously said in 2007 that: But before you panic, sell your Nintendo stock, and detonate your Wii with homemade explosives in the backyard, please keep in mind that this prediction is the not the work of Nostradamus.

I don't think that many will make a profit over the next few years, because I don't think Nintendo's strategy will return them to profitability.' I'm paid to advise investors, and none have made a profit owning Nintendo stock. Nintendo stock has dropped by over 80% in the last few years, and the market has appreciated over the same period.

For those of you who aren't financial analysts, losses mean that the company is worth less than it was before. I know that this sounds like (and is) sour grapes because they didn't launch the Wii HD in 2009 or 2010 as I 'predicted.' They should have, and because they didn't, the decline in Wii and DS hardware and software sales drove them into generating LOSSES. 'Nintendo is in disarray because they waited too long to launch the Wii U. His most recent comments were directed at Nintendo’s upcoming eighth generation console, the Wii U: Can we all stop listening to Michael Pachter?įor those who don’t know, Pachter is a (in)famous analyst for securities firm Wedbush Morgan who has made a career out of making bold predictions about the video game market, many of them dead wrong.

Perfectit 3 has fired an exception