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Home Forums Suggestions Pachter claims no next-gen consoles til 2013

Pachter claims no next-gen consoles til 2013

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12:51 am May 4, 2009 jonahfalcon Member jonahfalcon posts 337

Quote and Reply  Report Post 1 http://www.gamestooge.com/2009/05/04/mr-wrong-says-next-gen-not-til-2013/ Wedbush Morgan Securities’ analyst Michael Pachter, who seems to have absolutely no grasp on the video game industry, is now making a wild claim that the next console generation will be in 2013. “We do not expect the ‘next’ generation to begin before 2013, if at all,” he told Gamasutra. “We remain convinced that the publishers will resist the introduction of any video game hardware technology that requires a refresh of software, as the publishers have as yet to capitalize on the immense investments made in being competitive in the current cycle.” Investors would be well advised to take this as confirmation that the next-gen will be soon, as Pachter’s predictions are usually wrong. Very wrong. In fact, he could be a big reason the economy is a mess.

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