jeetil-patel
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Hardware shortages blamed for Wii's underwhelming December
Let's make this clear: Wii sold a helluva lot of units in North America during December. 2.15 million consoles in a single month is a number Sony and Microsoft can only dream about right now, but there's no doubt that the figures weren't as grand as expected. He who is Pachter predicted the console would clear the 3 million mark, only for the platform to fall short by 850,000 units.Why the lower-than-expected sales? As usual, analysts reckon they have the answer: more of those accursed hardware shortages. EEDAR's Jesse Divnich and Deutsche Bank analyst Jeetil Patel both believe demand outweighed supply for the third December running, with Divnich stating the Wii would have sold "north of 4 million units" if more consoles had been produced in time.Phew, panic over! Wii's not the next N-Gage or anything![Via Joystiq]
Analyst: Activision a better investment than EA
Deutsche Bank analyst Jeetil Patel believes that although the merger of Activision and Vivendi Games has received proper attention from investors, he feels they still haven't fully appreciated the power Activision wields all by its lonesome. He states that in a direct comparison with EA,Activision continues to hold a lead over its rival (thanks to Guitar Hero and Call of Duty) despite no major recent releases.Patel points out that Activsion has been steadily growing over time, while EA "seems to have lost its superiority to the likes of Activision" in terms of profit margins and profit scale. He gives a "Buy" rating to Activision and a "Sell" to EA. It's worth noting that Patel is certainly one of EA's harshest critics.
Analyst: EA's lost its luster
Deutsche Bank analyst Jeetil Patel isn't a fan of Electronic Arts. On numerous occasions the analyst has questioned EA Sports' direction and the financial situation at the company. In his latest report, Patel keeps the tom-toms of war going against EA by suggestion that the company continues to artificially boost its market share through distribution partnerships with games like MTV's Rock Band or Valve's Orange Box.Patel points out that without the Rock Band distribution deal, EA would have had a decline in market share this past year. He believes that EA's titles lack diverse quality and that its current catalog will continue to underperform and lose market share for at least another year. In Patel's world, it looks like EA needs to acquire Take-Two with the quickness.
