While speculation and the will-they-won’t-they debate surrounding GTA 6’s price have been a major discussion topic online for the past couple of months – not surprisingly given that the game is perhaps the most anticipated title currently on the market – there are reasons not to add this particular prediction to the list of arguments supporting the idea of a potential price hike, considering the history of the individual who has made it.
While Pachter has been an analyst for longer than many of us have been alive – since at least 1982, according to his LinkedIn – historically, his track record for predictions has been more akin to a coin flip, slightly weighted toward the wrong side.
Over the years, he has certainly proven he’s no Nostradamus, making claims such as Nintendo and Sony’s business models being inferior to Xbox’s, that the late Satoru Iwata should have been ousted from his position as Nintendo’s CEO in 2013, and that PlayStation had no chance of competing with Xbox. His past predictions also include the PS3/Xbox 360 being the last console generation, that Nintendo should ditch Switch, The Elder Scrolls 6 releasing in 2017, and Xbox One outselling PlayStation 4 – just to name a few.
Regarding Grand Theft Auto future-telling in particular, Pachter is also on record for being off the mark, having predicted in 2009 that GTA 5 would launch in 2010 or 2011. While not directly related to the gaming industry, the analyst’s success rank on TipRanks – a platform that helps investors make better decisions – stands at 43%, with a rating of 0.26/5, further calling his authority into question. Ultimately, whether to take Pachter’s latest research note seriously is for each person to decide for themselves, but using it as an argument in an online debate is definitely not recommended.
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