Michael Pachter Quotes


12 Michael Pachter quotes:



"Microsoft's first-mover advantage is eroding if it takes them very long to get the first 5 million boxes out. If 4 million show up in the month of June and Sony launches in the month of June, there's not much of an advantage (for Microsoft)."
Author: Pachter Quotes Category: Advantage Quotes
"You're going to see the Revolution as the second console of choice in the household."
Author: Pachter Quotes Category: Choice Quotes
"[Sony's people have] bet the entire future on this, ... It's too important for them to lose, so they will do everything they can to win."
Author: Pachter Quotes Category: Future Quotes
"We do not expect a current generation Xbox price cut from Microsoft this year, notwithstanding the company's stated intention to 'support' the current generation console. We believe that Microsoft's production cost of the Xbox is higher than the current retail price, precluding further price cuts, and we also think that the company prefers that consumers buy its next generation console when that box is introduced."
Author: Pachter Quotes Category: Intention Quotes
"It's like a shifting of loan repayment responsibility, collateralized by Midway shares."
"NPD US retail video game software sales data for the January quarter implies that Take-Two's sales are down 40 percent compared with the prior year quarter."
Author: Pachter Quotes Category: Sales Quotes
"We note that NPD U.S. retail video-game software sales data for the January quarter implies that Take-Two's sales are down 40 percent compared with the prior-year quarter, so we believe that the company is likely on track to meet our revenue and earnings per share estimates for the period."
Author: Pachter Quotes Category: Sales Quotes
"After April, we expect monthly next generation software sales to remain fairly stable at around $100 - 150 million through October (representing year-over-year growth of $80 - 130 million), with declines of current generation software sales expected to remain at around $130 - 150 million monthly. We expect relatively flat sales through the summer months, with potentially robust sales in November and December, once next generation consoles from Sony and Nintendo are launched."
Author: Pachter Quotes Category: Sales Quotes
"We believe that industry sales have been quite weak since Take-Two's late October negative preannouncement, primarily due to consumer malaise and a shortage of Xbox 360 hardware... Given weak November NPD sales and Electronic Arts' and Activision's recent earnings warnings, we believe that Take-Two likely experienced weak sales during the holiday period, as consumers continue to shun current generation games while waiting for next generation consoles."
Author: Pachter Quotes Category: Sales Quotes
"The worst effects of the transition lie ahead. Although we expect a brief respite from double-digit sales declines in April, when Microsoft is likely to double the supply of Xbox 360 hardware units, we expect a return to software sales declines over the next several months."
Author: Pachter Quotes Category: Sales Quotes
"We believe that speculation about a potential leveraged buyout is unfounded. If anything, Take-Two's disclosure that it may require additional capital to fund next generation game development suggests to us that it is not an LBO candidate."
Author: Pachter Quotes Category: Potential Quotes
"Although Midway continues [to] generate large losses, we continue to believe that Midway is a potential turnaround story. The company's cost structure suggests that it can achieve profitability at revenue levels of $300 million annually, and we remain confident that Midway will be able to generate revenues at the $300 - 800 million level over the next several years. However, to achieve this level of revenues, the company must continue to expend resources on growing its development capability."
Author: Pachter Quotes Category: Potential Quotes



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