
Firing up my RSS reader this morning or going to any one of the numerous sites I typically visit showed an overwhelming amount of articles written about Michael Pachter, Wedbush Morgan Securities analyst for our industry. He recently put out his status report on where he thinks the video game industry is headed.
Reading all the headlines, one thing became clear: people take Pachter’s word for gold. I have absolutely no idea why, as he’s been wrong more than right. As with most forward-looking statements, predictions and hopes get thrown at the wall en masse and only a couple will stick. That’s the same with Pachter.
The guy is a financial analyst. When did this material become so important to your gaming habits? Does Pachter’s prediction of a Wii HD mean it’s going to happen? No. Did his prediction of Sony and the PS3 running away with this generation happen? Absolutely not. Do we need to hang on every word Pachter says or types with bated breath? No. Maybe we should all take a step back and focus on having fun playing games, which is what we’re really all here for, isn’t it? Can I write any more sentences that end with a question mark in one paragraph?








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