« Opera 11 Web browser released todayUltim809: Ultimate 8-Bit Computer (home made 8 bit computer based on 6509) part 2 (Update) »

Square Enixs profits fall 90% on Final Fantasy 14 (FF XiV)

16/12/10

  12:10:12 pm by DrF, Categories: News , Tags: broke, enix, ff14, finace, final fantasy, mmorpg, online, pdf, sales, square, xiv

Following on from the rest of the Final Fantasy 14 (FF XiV) stories, Square Enix profits have fallen a staggering 90%, could all this be to blame on that 1 game though?

Reuse of logo... gives it a kind of serial feel...

Final Fantasy 14 Square profits fall 90%

PDF in Japanese predicting quarterly profits : HERE

Square Enix has announced a 90% drop in its projected profits, a disaster it grovellingly blames on Final Fantasy XIV.

 

Sales:
Before: ¥160,000,000,000 ($1.9 billion)
After: ¥130,000,000,000 ($1.5 billion)

Net profit:
Before: ¥12,000,000,000 ($143 million)
After: ¥1,000,000,000 ($12 million)

 

Square Enix’s explanation is that “a slump in console sales and an exceedingly critical market reception to our main titles” caused the plunge and goes on to admit that it was because “Final Fantasy XIV failed to live up to consumer expectations of a Final Fantasy title.”

With Wada still hanging on to his post and Final Fantasy XIV likely a write-off, it seems Square Enix’s troubles may yet continue.

Orig. SankakuComplex

No feedback yet