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| [Apr 09, 2012, 10:44 am ET] - Share - Viewing Comments |
Analyst outraged by outrage: "I am certain that the ‘fan outrage’ has not hurt sales, and perhaps has helped sales," says Wedbush Morgan Securities analyst Michael Pachter. "Unfortunately, appeasing the whiners here will only encourage fans to be even more vocal next time, so the lingering issue is that gamers will feel even more entitled and empowered than they have in the past, and will be even more demanding about changes to future games." Thanks Joao.
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| 48. |
Re: Quoteworthy - Pachter on Other People's Opinions |
Apr 9, 2012, 17:59 |
Beamer |
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RollinThundr wrote on Apr 9, 2012, 13:50:
Beamer wrote on Apr 9, 2012, 12:19:
Kajetan wrote on Apr 9, 2012, 11:23:
nin wrote on Apr 9, 2012, 11:17:
The fact that gamers call him out on his mistakes when shareholder don't is a little scary... Shareholders have no interest in the inner workings of this weird gaming market. Thats why they pay people like Pachter to translate into understandable biziness speak, what to expect from a new product or how a publisher will perform in the next six months.
Sure, a lot of shareholders will be burned, but the greed is stronger than everything else. They all look at Zynga and ActiBlizz and their record earnings and high stock price. They know they can make it too!!! 
Shareholders know it's all mumbo-jumbo and no one can predict the future, they just want educated opinions. Pachter is kind of thought to be a bit of a clown by many of them because his opinion of his opinions is a bit too high, but he still knows the industry well and is pretty firmly entrenched.
But blaming Pachter for not being 100% accurate is like blaming Obama for Solara and Fisker being risky. If Pachter could 100% predict the future he would not have this job, he'd be a billionaire somewhere.
Plus, it's worth remembering that sites like Blues, Kotaku, etc., cherry pick his dumber comments.
But he's still a douche.
Jesus Christ Beamer, can you stop being such a corporate lapdog for just one day? My god.
Of all my posts in this very topic this is the one you take offense to? I don't see what's lapdogging at all here. At all. Because I'm saying Pachter couldn't be expected to be right 100% of the time and that it's stupid to expect such? That the media tends to jump on his wrong statements and ignore his right ones so that we really have no clue how accurate he is?
What part of that do you wish to disagree with?
Anyway, to all you "listen to the consumer!" people, I still disagree. You need to be very, very careful about which consumer you listen to. What you guys usually mean is "listen to me, all those other people are stupid!" When Hollywood listens to the consumer we get Transformers. If they did it more often they'd have recut Drive to be Four Fast Six Furious.
Often the consumer, and the most vocal consumer, is an idiot.
As illustrated here.
Don't any of you work in web design? I thought the idiocy of the consumer in that area was pretty well documented.
Why listening to your customer can be a very bad thing |
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