Michael Pachter, notorious for labeling Nintendo as “a bad company” and forecasting PlayStation’s decline, is making waves again. This time, he argues that “Sony is faltering in the gaming industry” due to his belief that cloud-based TV streaming will dominate future gaming.

During a Yahoo Finance segment (highlighted on ResetEra) discussing EA’s $55 billion privatization, Pachter dismissed Sony as an investment: “Avoid Sony. They’re underperforming and mishandling the gaming market.”

“Gaming is shifting to streaming via smart TVs,” he elaborated. “Imagine free-to-play titles accessible directly through TV apps, bypassing consoles. Cloud tech and AI innovators will lead this transition, not traditional hardware makers.”

Pachter shifted focus to mobile developer PlayTika, disclosing his 500,000-share stake. He argued its low valuation (a 4.5x multiple) offers potential upside akin to EA’s if acquired, stating, “This could net me millions.”

Pachter’s cloud-gaming predictions aren’t new. He previously insisted Microsoft’s Game Pass would hit 100 million subscribers post-Activision and reach 200 million within a decade. His track record, however, is spotty, with numerous miscalculations overshadowing successes. Critics increasingly view him as out of touch, more fixated on theoretical trends than industry realities.

His latest remarks clash with Sony’s recent milestones. CEO Hideaki Nishino declared the PS5 its “most lucrative generation,” citing $136 billion in revenue—a stark contrast to Pachter’s dire outlook.