Square Enix Reports Significant Quarterly Loss Driven By Marvel’s Avengers
Square Enix?s games division reported a loss of 6.5 billion yen for the quarter ended September 30th, driven mainly by the underwhelming performance of Marvel?s Avengers. The publisher didn?t reveal any sales figures, but it looks like the exorbitant cost of developing the game made matters worse.
According to Japan-based analyst David Gibson, Marvel?s Avengers only managed to sell 60 percent of its sales target. This implies that the game cost over $100 million to develop, but only sold around 3 million copies, which isn?t enough to recuperate costs.
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Source: PlayStation LifeStyle
URL: http://www.playstationlifestyle.net
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