Tag Archives: forecast

Japanese publisher and developer Square Enix has issued a stark warning about its expected performance for the current financial year, which closes at the end of March. It now predicts net income of Y1,000m, a massive 89 per cent year-on-year drop. It expects net sales to fall 32 per cent …

Publisher Sega has admitted that it has in the past been over-enthusiastic with its forecasting, resulting the perception that its titles have failed to deliver as expected. Speaking to MCV in his first interview since becoming European boss, Jurgen Post admitted that the misjudgement has caused some in the trade …

Speaking to analysts yesterday, Nintendo president Saturo Iwata admitted one curious reason for the comparatively high price of the Nintendo DS handheld – the enthusiasm with which it was greeted Andriasang says Iwata told the audience that the price was set by considering a number of factors, including reactions to …

Lazard Capital market analyst Colin Sebastian has increased his sales forecast for Microsoft’s Kinect for Q4 2010. Speaking in an investor note, Sebastian says that how thinks an extra million units of the Xbox 360 motion sensing camera will be sold in the period – brining his total sales forecast …

The total value of the social network games market will reach $1.5bn by 2014, according to a new report from Screen Digest. In 2009 that total stood at around $639m with 500m active monthly users, suggesting that the sector is set to grow by over 100 per cent in the …

Echoing concerns expressed by analysts earlier this month, THQ has been forced to reduce its financial forecasts for the current year thanks to lower than expected sales of next-gen fighter UFC 2010 Undisputed. The publisher now expects non-GAAP net sales of $155m-$165m for the quarter ending June 30th 2010, down …

As part of its exclusivity agreement with Bungie, Activision will be funding the development of the new IP in question and could make as much as $65m from the first game to be released. That’s the prediction of – yes, you guessed it – Michael Pachter, who claims that Bungie …

Following its recent financial report and the announcement of a fresh spate of store closures, one analyst has issued a worrying outlook for the potential prosperity for the chain. The company’s current trading performance was worse than expected,” Janco Partners’ Mike Hickey stated. The departure of key executives from the …

Global games retailer GameStop has posted like-for-like sales decreases of 7.9 per cent for both the financial quarter ending January 30th and fiscal 2009, though it still ranks as the retailer’s second best year ever. Sales of new software enjoyed a 1.2 per cent overall increase, and the chain pledged …

The faith publishers put in core games on Wii is once again under strain with news that Ubisoft has drastically downsized its sales expectations for the upcoming Red Steel 2 on Wii. The move comes in the wake of a lowering of Ubisoft’s overall financial forecasts last week. On Red …