Michael Pachter: Next-Gen Consoles Need to Support Used Games

<p>Wedbush Morgan analyst Michael Pachter states in the latest Pach Attack that blocking the use of used games on the next-gen of consoles would be a huge mistake&period; So much so that he claims the gaming industry would collapse&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;I think the industry will disintegrate&semi; I think there will be no more video games if next-gen consoles don’t support used games&period; You hear that&comma; Sony and Microsoft&quest; You have to support used games&comma;” he said&period;<&sol;p>&NewLine;<p>Pachter goes on to state that Sony has no real reason to want to block used games since it makes money from royalties&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Why would the next-gen consoles not support used games&quest; Sony doesn’t sell that much software&semi; maybe 10&percnt; of sales are Sony products&period; Everything else&comma; the other 90&percnt;&comma; is third-party&period; Sony isn’t going to help its overall sales that much – let’s go with 1&percnt;&comma; 2&percnt;&comma;” he said&period;<&sol;p>&NewLine;<p>He also states that is Sony were to block used games and Microsoft allowed used games&comma; Sony’s console would fail&period; He goes on to state that publishers over-estimate the number of sales lost due to used games&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;What does it actually cost &lbrack;publishers&rsqb; if people trade in used games and some people buy used games instead of new games&quest; My guess is 5&percnt; of software sales&comma; probably&comma;” he said&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Because most people don’t finish new games in a week&period; Most people take three weeks to a month to finish games&period; Not everybody buys a game the first day&period; You probably don’t get that many games traded in&semi; in reality about 40&percnt; of games get traded back in&period;”<&sol;p>&NewLine;<p>How long do you usually keep a game before you trade it in&quest; Do you tend to buy more new or used games&quest; Let us know in the comments below&period;<&sol;p>&NewLine;<div style&equals;"background-color&colon; &num;000000&semi; width&colon; 520px&semi;">&NewLine;<div style&equals;"padding&colon; 4px&semi;">&NewLine;<p><iframe src&equals;"http&colon;&sol;&sol;media&period;mtvnservices&period;com&sol;embed&sol;mgid&colon;moses&colon;video&colon;gametrailers&period;com&colon;730185" frameborder&equals;"0" width&equals;"512" height&equals;"288"><&sol;iframe><&sol;p>&NewLine;<p style&equals;"text-align&colon; left&semi; background-color&colon; &num;ffffff&semi; padding&colon; 4px&semi; margin-top&colon; 4px&semi; margin-bottom&colon; 0px&semi; font-family&colon; Arial&comma; Helvetica&comma; sans-serif&semi; font-size&colon; 12px&semi;">Get More&colon; <a href&equals;"http&colon;&sol;&sol;www&period;gametrailers&period;com">GameTrailers&period;com<&sol;a>&comma; <a href&equals;"http&colon;&sol;&sol;www&period;gametrailers&period;com&sol;video&sol;why-all-the-gamestop-hate&sol;730185">Pach-Attack&excl; &&num;8211&semi; Why All The GameStop Hate&quest;<&sol;a>&comma; <a href&equals;"http&colon;&sol;&sol;pc&period;gametrailers&period;com&sol;">PC Games<&sol;a>&comma; <a href&equals;"http&colon;&sol;&sol;ps3&period;gametrailers&period;com&sol;">PlayStation 3<&sol;a>&comma; <a href&equals;"http&colon;&sol;&sol;xbox360&period;gametrailers&period;com&sol;">Xbox 360<&sol;a><&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<p>&lpar;Via <a href&equals;"http&colon;&sol;&sol;www&period;vg247&period;com&sol;2012&sol;05&sol;21&sol;pachter-the-industry-will-disintegrate-is-used-games-die-off&sol;">VG274<&sol;a>&rpar;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;