“Sony Is Blowing It In The Games Business,” Says Analyst

Michael ‘Nintendo is a bad company’ Pachter, also known as Michael ‘PlayStation is doomed’ Pachter, and sometimes known as Michael Pachter, the analyst who cost investors a 2,000% return when he advised them to sell their Netflix stock, is back to an old stomping ground with a new claim that “Sony is blowing it in the games business,” because he predicts that games will move to cloud-based experiences connected to your TVs. In a Yahoo Finance discussion (spotted on ResetEra) about EA going private through its $55 billion sale and where people should place their stock market bets in the […]

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