Final Fantasy VII Rebirth sales disappoint Square Enix

Final Fantasy VII Rebirth has only been on the market for a few months.

These days we can see how Video game companies share their financial reports the first quarter of 2024, leading to data such as sales of the Nintendo Switch, which is aiming to become the best-selling console in history, as well as the recovery of the PlayStation 5, a console that is doing so well. sales rates that beats PS2 over the same period

. However, not everyone comes out of these reports in good taste, as Square Enix expressed disappointment before selling several video games.

Although Square Enix stated that some of their great video games didn’t sell wellwhich will force them to rethink their triple A strategies, they had specific space to Final Fantasy VII Rebirth, its great fortress in 2024. Thus, and very briefly about this, they expressed that Sales of Final Fantasy VII Rebirth fell short of expectationswhich was a significant blow to the company’s revenues.

Sales of Final Fantasy VII Rebirth fell below expectations

As it became known through Bloomberg, Takashi Kiryu, president of Square Enix, spoke about this. low sales of Rebirth of Final Fantasy XVI and Foamstars

which resulted in the revenue they expect to receive this year being $40 billion instead of the $57 billion that meant Square Enix share price drops by 16%reaching its lowest level in 13 years.

Bloomberg reporter Takashi Mochizuki also commented on his social media that Failure to achieve internal goals will lead to change.especially since even Final Fantasy XVI, despite huge initial sales, soon slowed its commercial pace to the point that it missed its goal for the fiscal year.

https://twitter.com/6d6f636869/status/1790227310567960626?ref_src=twsrc%5Etfw” rel=”noopener nofollow” target=”_blank

It remains to be seen what measures Square Enix will take as all indications are that from now on all triple A games will be multi-platform, as they highlighted their interest in releasing video games for Nintendo, PlayStation, Xbox and PC. We’ll have to see if this strategy works for them.

You can follow Alpha Beta on Facebook, WhatsApp or Twitter (X) to stay up to date with the latest video game news.