Square Enix has finally released its financials, including a revised forecasts for this financial year - ending March 31, 2009. Sales and income are expected to be down.
According to Square Enix, the company's new net sales forecast is 16.9 percent lower than previously thought. Net income is expected to be down 62.5 percent.
Companies, particularly public companies like Microsoft, need to grow.
i mean its pretty simple, they spent close to 30 billion in acquiring activision, they thought they'd make it bk no problem, and that didnt happen.
its just shit that because of MS's miscalculation alot of people lost their jobs.
They are going to use AI for a large portion of the game development process. Upper management need bonuses and the shareholders need more money. So, people will lose their jobs.
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Can't say I didn't see this coming...
Protip: JRPGS on the 360 is like peeing from your butt hole...
Two possibilities.
1) Square/Square Enix simply dont make enough good games.
2) Their management team makes retarded decisions.
Square seems to always be in financial grey spots. What up with that?
They also delayed DQIX for 3 months. I'm sure they were expecting some good sales to help make their goal but now that the game won't release within this forecast they lowered it.
Makes sense if you think about it but I do like how quickly people went after the 360...