31st May 2005, 4:07 PM
Actually, it does matter what reputable analysts say. Now, who is pulling the strings behind these analysts, no one can say, but what they say skews the mind of the consumer, and more importantly the minds of the investors as well. If the analysts convince the investors that X company will succeed over Y company, they will invest in X company. X company will have more power, and game developers will flock to them with the same attitude. Y company will feel the effect of abandonment, and its stocks will fall. All this put together will of course determine how many games are out for X and Y consoles, hence determining how the casual gamers make their purchases and form their attitudes towards X and Y companies. Therefore, analysts are very powerful people in any industry.