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News / 2006 / April / 20

2 articles

Square Enix profits fall and tumble
Despite more optimistic initial numbers, Square Enix has since lowered its projections for the 2005/2006 fiscal year, with net sales at 125 billion yen ($1.06 billion USD) and net profit at 10 billion yen ($84.67 million USD), the latter figure a whopping 42.9% lower than previous estimations. Although high-profile titles such as Kingdom Hearts II and Final Fantasy XII helped to bolster sales, profits were damaged by the lack of top-sellers during the period from April through September. And despite the relative success of Final Fantasy XI, Squeenix's other MMO ventures have not gone successfully; likely the cause of their discontinued Everquest II support. What course will the company take in light of these events? That is difficult to say, but with the inability to point a finger squarely at Hironobu Sakaguchi, a renewed business strategy may be necessary. Game Daily
20 Apr 2006 by Ziyad ↑ -1 ↓ 4 commentss permalink
Final Fantasy XI producer to create new PS3 MMO
In a recent interview, Final Fantasy XI producer Hiromichi Tanaka let slip his possibility of his working on a new MMORPG for the approaching Playstation 3 and Windows Vista. Though he offered no more pieces of information, Tanaka did mention that a PS3 version of Final Fantasy XI would take two or three years to construct, thereby making any such endeavor an inefficient use of resources and his team's time better spent developing a new title. gamesindustry.biz
20 Apr 2006 by Ziyad ↑ -7 ↓ 10 commentss permalink

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