Media: Final Fantasy XVI sales did not meet Square Enix's expectations. The company's profits fell seriously, the share price fell by 15%

By: Anton Kratiuk | 07.08.2023, 15:18
Media: Final Fantasy XVI sales did not meet Square Enix's expectations. The company's profits fell seriously, the share price fell by 15%

Even before the release of Final Fantasy XVI, it was reported that developers Square Enix were unhappy with the number of pre-orders.

The Japanese company's interim financial report revealed that fears of poor sales were not unfounded.

Here's What We Know

According to Bloomberg, Square Enix's financial report revealed that the company's operating profit fell 79%, causing its share price to drop 15%.

It is reported that Square Enix management attributes such figures to the sales of Final Fantasy XVI, which did not meet the high expectations of the publisher.

Since the game turned out to be excellent and was warmly welcomed by critics and gamers, there is only one logical explanation for the poor sales: Final Fantasy XVI is a PS5 exclusive, and if the game was released on PC, the sales figures would have been much higher.

Flashback

Against this backdrop, Square Enix's recent announcement of its intention to forge a Final Fantasy XIV is coming to the Xbox Series! Square Enix and Microsoft have announced a close partnership looks particularly interesting. Perhaps, when the exclusivity period expires, Final Fantasy XVI will be released not only on PC, but also on Xbox Series, which will undoubtedly lead to a rapid increase in sales.

Source: Bloomberg