Square Enix negative outlook due to lower than expected high profile sales

Square Enix has posted its end of FY 2013 figures and report which suggest a much lower than expected forecast than previously suggested as profits are well down and fall into the red. Lower than expected sales of games such as Tomb Raider, Hitman Absolution and Sleeping Dogs contributed to the downturn of the company’s figures as well as costs for restructuring within the company. However, it’s not all doom and gloom as social gaming has become more viable for the company with solid growth in this area.

Written by: Rob Cram

Rob Cram has hundreds of video game reviews, thousands of articles under his belt with years of experience in gaming and tech. He aims to remain fair and free from publisher/developer influence. With his extensive knowledge, feels his gaming opinions are valid and worth sharing. Agreement with his views are entirely optional. He might have a bias towards cyberpunk.

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  1. Buckdawg March 27, 2013 |

    But each of those games were awesome?! I hate to see this when so much time and effort has gone into making decent games, especially when so many others sell so well despite their lack thereof.

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