{"id":42465,"date":"2012-08-07T10:08:42","date_gmt":"2012-08-07T08:08:42","guid":{"rendered":"http:\/\/mygaming.co.za\/news\/?p=42465"},"modified":"2012-08-07T15:34:28","modified_gmt":"2012-08-07T13:34:28","slug":"michael-pachter-visionary-or-buffoon","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/features\/42465-michael-pachter-visionary-or-buffoon","title":{"rendered":"Michael Pachter: visionary or buffoon?"},"content":{"rendered":"

Michael Pachter – while some may not know the name, this analyst has become synonymous with the gaming world for making outlandish statements regarding his predictions of the video game industry.<\/p>\n

Video game guestimations aren’t Pachter’s only pastime, as he’s a social, and digital media, and electronics analyst at Wedbush Securities.<\/p>\n

While Pachter does get a lot of criticism for being overly confident with his predictions, the truth is: sometimes he’s right.<\/p>\n

So let’s run down some of the most significant predictions Pachter has made lately, and whether his crystal ball was right or wrong.<\/p>\n

EA bid for Take Two<\/h3>\n

In 2008, Pachter predicted that Electronic Arts would buy Take Two<\/a>, regardless of what Take Two thought, and he was pretty certain.<\/p>\n

Prediction:<\/strong> Incorrect – EA did bid for Take Two although were unable to buy the GTA publisher.<\/p>\n

\"\"<\/a><\/p>\n

Call of Duty Elite<\/h3>\n

In 2010, Pachter suggested that Activision will inevitably find a way to charge subscriptions for Call of Duty<\/a>.<\/p>\n

Prediction:<\/strong> Correct – Activision announced Call of Duty Elite in late 2011.<\/p>\n

Grand Theft Auto 5:<\/h3>\n

In March 2009, Pachter predicted that the next Grand Theft Auto game will come out in 2010<\/a> and will outsell GTA IV.<\/p>\n

Prediction: incorrect<\/strong>: In late November, 2011, Rockstar announced GTA V is in full development, with a release expected sometime in 2013.<\/p>\n

\"\"<\/a><\/p>\n

Red Dead Failure<\/h3>\n

In 2010, Pachter predicted that Rockstar\u2019s open-world western sequel Red Dead Redemption was not a \u201cblockbuster franchise\u201d<\/a>, and wouldn\u2019t appeal to a large audience.<\/p>\n

Prediction:<\/strong> Incorrect \u2013 Red Dead Redemption was critically acclaimed and went on to sell near 5 million copies globally.<\/p>\n

PSP Go \u201cdead on arrival\u201d<\/h3>\n

In 2010, Michael Pachter claimed that the next PSP iteration (before being unveiled as the PSP Go) would be \u201cdead on arrival\u201d<\/a>.<\/p>\n

Prediction:<\/strong> Correct \u2013 The PSP Go launched to a dismal response from fans. Sony even came out and admitted their failure with the PSP Go.<\/p>\n

“Definitely we didn’t do something right with [it]. So there are lots of things like the hardware didn’t have the compatibility with the UMD library and not all the PSP games were sold on the PSN store.” \u2013 Sony\u2019s Shuhei Yoshida<\/p>\n

\"\"<\/a><\/p>\n

Pachter\u2019s most recent prediction is that the upcoming Wii U console will be a failure for Nintendo. Time will tell if Pachter has another hit or miss when it launches later this year.<\/p>\n

My prediction is that Xbox 720 will launch next year, will play discs made of bacon, and will be bundled with Half Life 3.<\/p>\n

Related Articles<\/h3>\n

On-disc DLC is \u201cjust plain greed\u201d \u2013 analyst<\/strong><\/a><\/p>\n

Analysts say Sony needs to slash PS3 prices<\/a><\/strong><\/p>\n

Is online piracy really \u201ctheft\u201d?<\/a><\/strong><\/p>\n

Minecraft dev calls out \u201cevil companies\u201d for using DRM<\/a><\/strong><\/p>\n

Games you can play this week<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Is Michael Pachter the Nostradamus of video games?<\/p>\n","protected":false},"author":196,"featured_media":42490,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[20],"tags":[6119,6116,21,1857,6115,6118,6117],"class_list":["post-42465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","tag-game-analyst","tag-gaming-predictions","tag-headline","tag-michael-pachter","tag-pachter","tag-pachter-analyst","tag-pachter-predictions"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/42465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/196"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=42465"}],"version-history":[{"count":1,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/42465\/revisions"}],"predecessor-version":[{"id":42545,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/42465\/revisions\/42545"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media\/42490"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=42465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=42465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=42465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}