Square Enix focuses on mobile development

All studios of the Japanese Square Enix will develop mobile and online titles. 

Of course, we are not talking about Square Enix abandoning the creation of console single projects, but mobile and online titles will become priority areas.

The long-suffering Final Fantasy XIV: A Realm Reborn has finally started earningOver the past six months, Square Enix has earned $626 million, which is only 1% more than in the same period last year.

Another thing is that the company managed to come out in a plus. If in 2012 the company lost $56 million in the same six months, this year it earned $26 million.

Part of the company’s revenue growth is due to the good launch of the updated version of the MMO Final Fantasy XIV: A Realm Reborn. Since its release on August 27, it has already gained 1.45 million players. According to Square Enix statistics, now the game using the monthly subscription model has 600 thousand users.

Final Fantasy V, despite the huge price tag and peanut gameplay, continues to make moneyThanks to the development of mobile and online areas, Square Enix hopes to receive about $1.4-1.5 billion in fiscal 2014, which fits into the range of fiscal 2013.

Nevertheless, the company expects a significant increase in net profit to $35-60 million, whereas last year losses amounted to about $137 million.

Source: www.gamesindustry.biz