Tag Archives: Michael Pachter

Gamestop’s Shares Drop in the Wake of Playstation Now Announcement

Well, it’s good to know that Sony has follow through.

Announced at CES today; Sony revealed what that Gakai purchase they made years ago was all about. Playstation Now is the streaming service that is going to be coming to just about all Sony platforms. To gamers, it is what is going to give that shiny new PS4 of yours that backwards compatibility that you’ve been dying for. To Gamestop investors, well, it signals a changing tide.

Analyst Michael Pachter said it like this,

“It is important to note that PS4 has no backwards compatibility with PS3 discs, meaning that the availability of PS3 digitally streamed games will not directly result in lower used sales of PS3 games to PS4 owners. GameStop’s used gaming sales from PS3 discs on PS3 consoles are most likely to be impacted; however, until we know more about game availability, timing, and pricing, among other factors, we do not see a meaningfully negative impact to GameStop in the near-term. Our bias is that this service will attract fewer than 1 million subscribers, and will impact overall game sales by 1 — 2 percent in the aggregate over the next five years.”

In other words, Gamestop’s investors are overreacting at the moment. Until we know more, they shouldn’t be too worried. That doesn’t mean that they shouldn’t be worried at all. This is another swing towards a completely digital medium, and will be one more thing that Gamestop will have to adapt to. For better or for worse, Gamestop, as we know it, has an expiration date. Things are moving more and more towards digital, and Playstation Now may be just another standard bearer for the digital future to come. So Gamestop’s choice to is evolve or die; it’s going to be an interesting next couple of years.

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To Block or Not to Block

It looks like some analysts have already chimed in what third parties are to do with Microsoft’s announcement that they will not be charging for used games, and leaving that decision up to the publishers. Most of what they say here is pretty common sense if you are tuned into the industry, but this is a nice breakdown of most likely will be happening in the coming years…

http://www.gamesindustry.biz/articles/2013-06-07-analysts-say-its-unlikely-that-publishers-will-block-used-games

 

-brought to you by gamesindustry.biz

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Pachter’s Pricing Party

Well, according to the great Michael Patcher the Playstation 4 will be priced around $350 and the XBOXONE will float around $400….oh yeah, and the WiiU is in desperate need of some help.

 

The article is brought to you by gamesindustry.biz

 

http://www.gamesindustry.biz/articles/2013-06-03-pachter-playstation-4-to-sell-for-USD349-xbox-one-USD399

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“Warfighter’s review scores may have destroyed chances for sequels in the all-important first-person shooter segment of the market…We think that low review scores will impair EA’s (and the Medal of Honor brand’s) reputation with those who pre-ordered the game or bought it as soon as it was released (likely some of EA’s most dedicated customers), and believe EA alienated at least a small portion of these gamers….Given the impairment to the Medal of Honor brand, we think EA is unlikely to take Activision’s mantle as the leading developer of first-person shooters for several years.”

 

-Analyst Michael Pachter onĀ Medal of Honor: Warfighter

Pachter: War-Killer

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“The launch schedule is better than we had initially expected, with notable launch day titles including Activision Blizzard’s Call of Duty: Black Ops II, EA Sports’ FIFA Soccer 13, Nintendo’s New Super Mario Bros. U and Nintendo Land, and Ubisoft’s Assassin’s Creed III and ZombiU. However, demand will probably wane once Nintendo’s core fan base has purchased the first 5 – 6 million units, negatively impacting long-term hardware and software sales as well”

 

Analyst Michael Pachter on the Wii U launch slate…

When Pachter Speaks, Wii Listen…

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