Despite predicting that the PS2 will not have as much influence in the market in 2009 like it used to, Wedbush Morgan analyst Michael Pachter still believes in the PlayStation power, saying that the brand will account for 31% of all the games sold worldwide in 2009. More after the jump.

Analyst Michael Pachter expects that by 2015, 7th-gen console sales will end up like this: Wii on top, the PS3 in second, and the Xbox 360 in third place. The Wii's first-place position seems like a foregone conclusion, but what about the other two? More after the jump.

Missed our favorite analyst, Michael Pachter much? Don't worry, he's back, and he's got more than two cents in opinion on the event that he predicted dead last year, E3 Expo. This time around, he zooms in on the highlights of the Expo, the new motion controllers of the big three. His verdict: No Natal nor PS3 MC will topple down the great, big Wii.

E3 2009 is just about to wrap up, and already, we have a date for next year's event. Talk about having an early start. Waaaay early. But we can't complain. After all, with all the preparations they did for this year's Expo, we saw one of the most exciting gaming conferences in quite a while. So bring the early preps on!

The March 2009 hardware sales figures haven't been released yet, so you can expect Michael Pachter and EEDAR to throw in their pre-NPD report forecasts. Some numbers for their projected sales of consoles during last month may vary, but one thing remains similar: the Wii may still be on the lead, but the gap between the PS3 and Xbox 360 seems to be thinning down.

And Michael Pachter's at it once more. What's he got to say this time around? This is the last console generation. Oh, I thought there was gonna be another one, especially after the debut of CryEngine 3 and it being next-gen ready. But am no analyst, so I could be wrong.

Move over Niko Bellic. A new GTA star may be around the corner already! What with development for the DLC episodes, Rockstar Games isn't done with Grand Theft Auto 4 just yet. Despite that, analyst Michael Pachter is already pegging 2010 as the perfect time for the next console iteration of the sandbox franchise. And that's not all: Pachter's also making sales forecasts for GTA 5 already!

Ohhhhh boy... Talk about flame bait. Reuters recently quizzed various stakeholders and analysts on their take on the recession benefiting the MMO scene. With jobs being lost, a lot of folks have more time on their hands now, and that points to more play time for MMO players. So where does Pachter come in? Find out in the full article.

Everyone's favorite analyst, Michael Pachter, has joined the bandwagon calling for Sony to lower the price of the PlayStation 3. Echoing the opinions of CNN, Pachter says that the PS3's high price is killing Sony. Leave it to Pachter to state the obvious.

Let the record show that Michael Pachter was right. Ubisoft has officially announced that they'll be releasing Assassin's Creed 2 during their next fiscal year (March 2009 to March 2010). A new Ghost Recon and Red Steel game are also coming. Details after the link.