Note: iOS 9 + Facebook users w/ trouble scrolling: #super sorry# we hope to fix it asap. In the meantime Chrome Mobile is a reach around
hot  /  reviews  /  videos  /  cblogs  /  qposts

Pachter: Nintendo is bad and Iwata is a poor CEO

4:30 PM on 03.11.2013 // Jim Sterling
  @JimSterling

Analyst cuts loose on Wii U provider

Industry analyst Michael "Rainbow Pecs" Pachter is laying siege to Castle Nintendo once again, with one of his harshest appraisals of the company yet. Rather than beat around the bush, the silver-tongued stallion has directly said Nintendo's a bad company, and poured scorn on CEO Satoru Iwata.

"I think Nintendo is no longer able to compete the way they did in the past and sell their consoles at a big profit," he declared on his show Pach Attack. "I think that the Wii, when it first launched they were probably making about $100 of profit per unit. I think the DS when it first launched was probably generating about $50 of profit per unit. The 3DS I think is barely making a profit. The Wii U I think is barely making a profit -- I'm talking 5 or 10 bucks per unit."

Pachter doesn't lay any of the blame at Nintendo of America or its president, Reggie Fils-Aime. He argued NoA simply plays the cards it was dealt, and implied the Wii U was a bum hand -- a hand directly attributable to Iwata.

"I think Mr. Iwata's a pretty poor CEO," he explained. "I think he's done a very poor job running the company. I have a neutral rating on Nintendo, but I have to say only because their cash level supports their current share price. It's a bad company that doesn't make money."

As always, Pachter's words are primed to spark anger in the souls of Nintendo's loyal fans, and he's already got a response lined up. 

"If you don't like that answer, Nintendo fans, deal with it."

Yikes!

What do you make of his assessment? Are you prepared to deal with it, or do you disagree and wish to make your voice known? Is he, as Tony Ponce suggests, a stuffy Lord Lemongrab, or is he making sense?

Pachter: Nintendo is a "bad company", Iwata a "poor CEO" [Videogamer]



Jim Sterling, Former Reviews Editor
 Follow Blog + disclosure JimSterling Tips
Destructoid reviews editor, responsible for running and maintaining the cutting edge videogame critique that people ignore because all they want to see are the scores at the end. Also a regular f... more   |   staff directory



 Setup email comments

Unsavory comments? Please report harassment, spam, and hate speech to our community fisters, and flag the user (we will ban users dishing bad karma). Can't see comments? Apps like Avast or browser extensions can cause it. You can fix it by adding *.disqus.com to your whitelists.

 Quickposts
Status updates from C-bloggers

LaTerry avatarLaTerry
I think I broke it...
Torchman avatarTorchman
I have joined the discord group! Now I can call your waifu shit in more than one place!
TheBlondeBass avatarTheBlondeBass
Everyone's posting about waifus and I'm just here posting a blog about why I enjoy a recent game instead. This is why I'll never be promoted.
Gundy avatarGundy
There is a Spelunker themed dungeon in Megadimension Neptunia called Neplunker. It even comes complete with Spelunker music and dying from falling off waist high ledges! 10/10 would game over again.
RadicalYoseph avatarRadicalYoseph
Reminder: We have an unofficial chat page on Discord! It's fast and easy to sign up and join, too! Just create an account and click this link to join: https://discord.gg/0koh7AdmqhhpYQe4 (Expires after 24 hours)
The Dyslexic Laywer avatarThe Dyslexic Laywer
You know among all the bosses I've fought I didn't expect Vagina Tooth Dragon to go down like a bitch.
TheKodu avatarTheKodu
News Tip off for anyone who wants it. Seems Binding of Issac has been banned from the Apple IOS app store.
Nathan D avatarNathan D
Waifu Wars piece is up. But also, I got the Trails of Cold Steel limited edition in the mail the other day and just now looked at the pin you get with it. Wow, that horse is one smug looking son of a bitch. Kind of makes me want to punch him...
ScionVyse avatarScionVyse
You can now buy Naruto movies on Steam. At least sell some good movies if you're going to get into anime Steam.
Niwannabe avatarNiwannabe
All right, you guys, time for the important questions. Fuck, Marry, Kill: Tharja, Sully and Sumia?
Fuzunga avatarFuzunga
The time has come for me to play Earthbound.
Pixie The Fairy avatarPixie The Fairy
As the Ultimate Waifu gazed down upon the Earth from her Celestial Throne, she sighed, for mainly shit-tier waifus were being chosen. But one fairy gazed into the stars, declaring her love, sacrificing dreams and spiders on an alter of glitter for her.
ikiryou avatarikiryou
When a new Destiny article comes out
Alphadeus avatarAlphadeus
Thanks to my girlfriend, we own a PS4 now. ID is Ikaruszino. I don't own any multiplayer games (yet) or have PS Plus (yet :p), but feel free to add me so in the future maybe we can play something.
Bardley avatarBardley
My absolute finest moment in all of Metal Gear. Also, the first time I had driven a truck.
JohnSmith123 avatarJohnSmith123
Ok. That EDF 4.1 game is really really good. You can even sing and shout "EDF!" with your soldiers! Holy crackers.
StriderHoang avatarStriderHoang
I want to goad my wife into playing RE Revelations 2 with me but I don't know if she can deal with the whole 3D spatial movement thing, even if she plays the supporting character.
Lawman avatarLawman
Heads-up: Mega Man soundtracks are free right now at the Capcom Store. Guessing it's a glitch. All of them are digital downloads, except for Mega Man 9, which is a physical CD that requires money for shipping. Link in comments.
Solar Pony Django avatarSolar Pony Django
My Brawl in the Family books finally came! It took a while but Matthew (guy who made the series) has been super busy so I totally understand. =D
Dreamweaver avatarDreamweaver
Here's what a typical dinner with me looks like: Stouffer's chicken parmesan, Lay's potato chips, and a cold can of Mountain Dew, all eaten on a cold set of tiles. That's right, ladies, THIS is what you'd be missing out on. Eat your heart out, @SayWord.
more quickposts


Contest!


Seriously

Invert site colors

  Dark Theme
  Light Theme


Destructoid means family.
Living the dream, since 2006

Pssst. konami code + enter

modernmethod logo



Back to Top


We follow moms on   Facebook  and   Twitter
  Light Theme      Dark Theme
Pssst. Konami Code + Enter!
You may remix stuff our site under creative commons w/@
- Destructoid means family. Living the dream, since 2006 -