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 videogame industry, when asked if people should be buying Sony stock, Pachter immediately responded, "No, Sony for sure not, Sony is a terrible company, and they actually are blowing it in the games business."
"Look, games are moving to connected TV," he continues. "So, think about all the participants that are going to deliver games the way we get movies via Netflix, and forget the subscription model. Just think about iOS becoming on your TV. So free-to-play games on your TV, who's going to deliver that? Cloud providers, AI, anybody whose investing in making that happen is where you want to be."
Pachter continued to comment that if people looking to invest in the videogame industry want to invest in any current publishers, they should look towards PlayTika, a mobile game company that Pachter owns 500,000 shares of. Pachter added that it is currently trading at "about a four and a half multiple" and that if it were to get an EA-level multiple, he would make "several million dollars."
This isn't the first time Pachter has bet on cloud and non-console-based experiences in videogames being the future. He also previously claimed that Microsoft adding Activision titles to Xbox Game Pass would bring the service 100 million subscribers, and claimed that in the next decade, Game Pass will have 200 million subscribers.
At this point, Pachter has made a career out of these kinds of wild claims and has been wrong more often than he's been right. It's worth wondering when we can start considering Pachter just an old man shouting at clouds. Or, more accurately, about clouds.
Just days ago, Sony Interactive Entertainment chief executive officer Hideaki Nishino called the PS5 Sony's "most successful generation to date," with $136 billion in sales generated.
About the author: David has been writing about videogames, technology, and culture since 2020, with a focus on reporting daily news across multiple publications, including GameDaily.Biz, GameSkinny, and PlayStation Universe before joining Wccftech in 2025. David started contributing as Canada/US reporter for Wccftech's gaming section in 2025. Besides being up-to-date on the industry's movements, he loves interviewing developers, reviewing games, and writing intricate essays about the symbolism and layered meanings to be found in rich narratives as he's done for publications like GamesIndustry.Biz, LostInCult, and others. Outside of games he loves movies, music, theatre, his hometown, and his family, though not necessarily in that order.
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