I think selling studios is not the right move. The first thing the company should do is shut down everything in Europe. Bruno (Bonnell) is out to lunch. ... The guys in the U.S. make games. The guys in Europe just sell them.
More Quotes from Michael Pachter:
The number of units is a manufacturing constraint,Michael Pachter
I am skeptical that we are going to see content that even comes close to harnessing the power of either box for the next several years. It's like using a 3.2 gigahertz PC or a 3.4 gigahertz PC for word processing -- it's not going to make much of a difference.
Michael Pachter
There are many, many things that are happening that are not normal.
Michael Pachter
There are 5 million people who really believe they are getting an Xbox 360 relatively soon, by February. Microsoft has shipped 500,000 units, so 4.5 million people are doing nothing. That's enough to just kill Christmas.
Michael Pachter
As such, only one in 16 people need to rent an extra movie in the new extended rental period to offset the late-fee loss, and that's not that hard to get, ... When you let people rent for seven days instead of two, the consumer tends to grab the extra movie.
Michael Pachter
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.
Michael Pachter
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