[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 Quotes
[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
 People

More - Michael Pachter Quotes

You're going to see the Revolution as the second console of choice in the household. - Michael Pachter Quotes

You're going to see the Revolution as the second console of choice in the household.

Michael Pachter

 Choice
The amount involved is so small, I think they sent a strong negative signal to the market for not a lot of money. - Michael Pachter Quotes

The amount involved is so small, I think they sent a strong negative signal to the market for not a lot of money.

Michael Pachter

 
[Sony's people have] bet the entire future on this, ... It's too important for them to lose, so they will do everything they can to win. - Michael Pachter Quotes

[Sony's people have] bet the entire future on this, ... It's too important for them to lose, so they will do everything they can to win.

Michael Pachter

 Future
We note that NPD U.S. retail video-game software sales data for the January quarter implies that Take-Two's sales are down 40 percent compared with the prior-year quarter, so we believe that the company is likely on track to meet our revenue and earnings per share estimates for the period. - Michael Pachter Quotes

We note that NPD U.S. retail video-game software sales data for the January quarter implies that Take-Two's sales are down 40 percent compared with the prior-year quarter, so we believe that the company is likely on track to meet our revenue and earnings per share estimates for the period.

Michael Pachter

 Sales
After April, we expect monthly next generation software sales to remain fairly stable at around $100 - 150 million through October (representing year-over-year growth of $80 - 130 million), with declines of current generation software sales expected to remain at around $130 - 150 million monthly. We expect relatively flat sales through the summer months, with potentially robust sales in November and December, once next generation consoles from Sony and Nintendo are launched. - Michael Pachter Quotes

After April, we expect monthly next generation software sales to remain fairly stable at around $100 - 150 million through October (representing year-over-year growth of $80 - 130 million), with declines of current generation software sales expected to remain at around $130 - 150 million monthly. We expect relatively flat sales through the summer months, with potentially robust sales in November and December, once next generation consoles from Sony and Nintendo are launched.

Michael Pachter

 Sales
They need a capital infusion to grow. - Michael Pachter Quotes

They need a capital infusion to grow.

Michael Pachter

 
The guys who've got the proven titles are going to do well. Retailers sell what they know. - Michael Pachter Quotes

The guys who've got the proven titles are going to do well. Retailers sell what they know.

Michael Pachter

 
The analysis is significant, insofar as Take-Two's overhead has dramatically increased over the last five years. - Michael Pachter Quotes

The analysis is significant, insofar as Take-Two's overhead has dramatically increased over the last five years.

Michael Pachter

 Analysis
We think that the decline in overall sales of current-generation software in December indicates the beginning of a trend that will persist well into 2006, and we anticipate double-digit declines in current-generation software sales for the first half of 2006. - Michael Pachter Quotes

We think that the decline in overall sales of current-generation software in December indicates the beginning of a trend that will persist well into 2006, and we anticipate double-digit declines in current-generation software sales for the first half of 2006.

Michael Pachter

 Beginning
I guess that is the equivalent of betting 25% of your stack on four hands of blackjack and busting each time. - Michael Pachter Quotes

I guess that is the equivalent of betting 25% of your stack on four hands of blackjack and busting each time.

Michael Pachter

 Betting
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