Square Enix blames loss on struggling console market

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Posted 1:22pm on Tue 5 February 2013
VG_Staff
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Square Enix blames loss on struggling console market
Struggling to achieve a fair expected return on its investment in console titles.

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Posted 1:22pm on Tue 5 February 2013
munkee
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Struggling to achieve a fair expected return on its investment in console titles.

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» Go to VG_Staff's original post
Here's an idea. Stop charging £40 for games and perhaps more gamers will be willing to invest in potentially risky IP's. I can guarantee that a high percentage of people do want to play Sleeping Dogs, but will wait until CEX are selling it for a more reasonable Price. Unfortunately for publishers, this means that they will reap no rewards for this sale.

But hey.. What do I know? I'm just a gamer (not willing to spend £40 on the game and waiting until its in CEX for a more reasonable price).
Posted 1:25pm on Tue 5 February 2013
dudester
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In response to munkee's
Here's an idea. Stop charging £40 for games and perhaps more gamers will be willing to invest in potentially risky IP's. I can guarantee that a high percentage of people do want to play Sleeping Dogs, but will wait until CEX are selling it for a more reasonable Price. Unfortunately for publishers, this means that they will reap no rewards for this sale.

But hey.. What do I know? I'm just a gamer (not willing to spend £40 on the game and waiting until its in CEX for a more reasonable price).

» Go to munkee's original post
But I already bought this brand new for a tenner?

Its been around £20 quid for ages in the places I have looked.
Posted 1:34pm on Tue 5 February 2013
munkee
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In response to dudester's
But I already bought this brand new for a tenner?

Its been around £20 quid for ages in the places I have looked.

» Go to dudester's original post
You know what I'm saying. It wasn't released at £20. It was released at £40. By the time the price dropped, nobody cared. The next AAA is out.
Posted 2:18pm on Tue 5 February 2013
FantasyMeister
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Struggling to achieve a fair expected return on its investment in console titles.

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Tomb Raider will hopefully pick things up for them, but if they announced Just Cause 3 or finally did a Final Fantasy 7 remake... but they haven't. They can't really blame the console market, the consoles are already out there and waiting.
Posted 2:45pm on Tue 5 February 2013
CheekyLee
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Struggling to achieve a fair expected return on its investment in console titles.

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Strange, that is "the market" that is struggling, when year on year profits made by games continue to rise. Perhaps if Squeenix were to stop spending millions on cut-scenes, and get back to making games that people actually like, they wouldn't need such a huge slice of the pie in order to make profit?

Destroy your business model, or somebody will do it for you. The market is growing, but certain paths are at dead ends now. If you are one of the old publishers still sat on one of those avenues, then the writing is on the wall. Less people than ever are running out to buy a game on day 1, for a multitude of reasons. AAA is stagnant, and if you are a publisher still living in the AAA sphere, then you will die by the AAA sword.
Posted 2:45pm on Tue 5 February 2013
Clockpunk
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Struggling to achieve a fair expected return on its investment in console titles.

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Makes raiding tombs a bigger priority in Tomb Raider, release a Thief sequel, show off new Deus Ex material.

*bam* As FM says, the audience is very much there numbers-wise, but Square-Enix have to work (heavens forbid) for success.
Posted 4:33pm on Tue 5 February 2013
rbevanx
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    In response to munkee's
    Here's an idea. Stop charging £40 for games and perhaps more gamers will be willing to invest in potentially risky IP's. I can guarantee that a high percentage of people do want to play Sleeping Dogs, but will wait until CEX are selling it for a more reasonable Price. Unfortunately for publishers, this means that they will reap no rewards for this sale.

    But hey.. What do I know? I'm just a gamer (not willing to spend £40 on the game and waiting until its in CEX for a more reasonable price).

    » Go to munkee's original post
    Square Enix don't set the price the stores do.
    Posted 5:42pm on Tue 5 February 2013
    87Sarah
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    Struggling to achieve a fair expected return on its investment in console titles.

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    Why don't the developers/publishers have a say on the price of their games?

    I personally hope Tomb Raider does well, just because it's Tomb Raider, but I think that about Final Fantasy too.
    Posted 7:48pm on Tue 5 February 2013
    Wido
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    Struggling to achieve a fair expected return on its investment in console titles.

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    Tomb Raider will easily bring home the bacon for Square in the UK. Lara is a big hit over here so I shouldn't worry about that.
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