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at 5:08PM PST on October 7, 2008.
I have low confidence on Pachter's ability to predict console release. He might be good for forecasting game company's financial performance, he might be average on forecasting H/W # for NPD, but I
wouldn't do ANY
investment based on his prediction on console release, especially Wii HD release on 2011, based on "overcome the image it's cultivated as a console for parents and children, said the analyst" logic.
I mean, we all know the reason of Wii's success, and WHY would Nintendo drop the reason of it's success and go the X360 and PS3 route, which have been
to be less successful ? Doesn't make sense.
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