Pachter - Nintendo benefits from global recession, console adoption rate finally surpassing last gen
“The global recession served to benefit Nintendo at its competitors’ expense. …Expect most consumers to defer purchasing a PS3 or an Xbox 360 until they have purchased an HD monitor.” - Wedbush Morgan analyst, Michael Pachter
Well, it’s true that if you want to play games on the 360/PS3, you’re going to be spending more [...]
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