Enix cuts 100 million of dollars in sales forecasts

Source: Internet
Author: User
Keywords Enix
Tags .net business cuts environment game net net income the new
The latest news of November 05, Enix lowered the earnings forecasts for the first part of the fiscal year, which ended on September 30, 2010.  The 10.5% profit was 846 million dollars (68 billion yen), well below the earnings of 90.6 billion yen in the same period last year.  Meanwhile, Square lowered their 2-quarter net income forecast to $21 million, a 29% less than originally expected. Final Fantasy XIII Square explained that the decline was due to "challenging the business environment", that the new game grew slowly.  But with Final Fantasy XIII and other flagship games released in March in the last fiscal year, Square's revenues remain high. Square will soon release the actual results of the second quarter. (Digging the shell net)
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