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2023-08-07 22:16:38

Cayhr on Nostr: GameWorldObserver: `Square Enix shares posted worst intraday drop in three years on ...

GameWorldObserver: https://archive.ph/sK3M7
`Square Enix shares posted worst intraday drop in three years on profit decline and below-expected game sales`
IGN: https://archive.ph/Cdw59
`Square Enix Responds to Final Fantasy 16 Sales Concern, Points to PS5 Install Base`

This is interesting. Square is reporting big losses, and it's no surprise. They were excited about FF16's sales on the first week, but it plummeted 90% afterwards. It was not the system seller Sony/SQE thought it would be, and they had to fight Microsoft in court.

Microsoft gave up the console wars (Xbox is technically doing worse than PS), but Microsoft is now getting GamePass on pretty much everything. Sony does not have anything over MS nor Nintendo.
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