Pachter: iPhone gaming is a fad and hasn't been all that successful
And it won't be troubling the PSP Go any time soon
Analyst Michael Pachter of Wedbush Morgan believes that the iPhone is sitting in something of a false position in the wider games industry. He believes that it - and mobile gaming in general - will ultimately fail as competing devices enter the market.
In his annual industry report, under the no-nonsense title of "Mobile Phone Games are a Fad," Pachter stated that "it is not evident that more than 20 per cent of (iPhone) downloads are games." He thus believes that games have accounted for only $400 million of the App Store's sales during its first year.
Pachter also feels that handheld devices such as the PSPgo are in a strong position, and that the Sony device will "maintain its niche, without significant cannibalization" from the likes of the iPhone.
What do you think of that, then, fad-crazed pocket gamers?
Joystiq