Wedbush Securities
Wedbush Securities business and news from across the web.
Latest coverage
Analyst Says Sony Killing Physical PS5 Games “Dooms” Brick-And-Mortar Stores
Analyst Michael Pachter believes Sony's decision to discontinue physical PlayStation 5 game releases in January 2028 will be the "death knell" for brick-and-mortar game retailers. While the move may save Sony money, Pachter argues it is anti-consumer and ignores the significant role the used game market plays for consumers and retailers like GameStop, whose business is increasingly reliant on collectibles and hardware.
PlayStation Ending Disc Production is “Extremely Anti-Consumer”, “Truly Ironic”, Say Analysts
Analysts are calling Sony's decision to end PlayStation disc production in January 2028 "extremely anti-consumer" and "truly ironic," predicting it will damage the industry's value and eliminate the $7.2 billion used game market. Despite Sony citing consumer trends, experts like Michael Pachter and Kazunori Ito argue it reduces consumer choice and is a "triumph of corporate convenience over consumer choice."
The Nintendo Switch 2 could see a $50-100 price hike says report as pesky investors complain about the launch price
A report suggests the Nintendo Switch 2 could see a $50-$100 price increase due to investor pressure and a memory crisis, though some analysts believe this is not enough to ensure profitability. Analysts Hideki Yasuda and Michael Pachter offer differing opinions on the potential price hike's impact.
