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Final Fantasy XVI Sales Underperform Square Enix Expectations, Report Claims

Posted on August 8, 2023 by Nick Moreno

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Predating back to 2020, one of the most-anticipated announcements planned to hit PlayStation 5 is Final Fantasy XVI. The next-generation release issued a promising first impression compared to the previous execution of 2016’s Final Fantasy XV. Fast-forwarding to June this year, the game already sold a record three million copies – less than a month after the title initially release.

In our full review for Final Fantasy XVI, we wrote: “Final Fantasy XVI is a true next-generation entry to the king of the RPG genre. With its breathtaking visuals, enchanting music, compelling storytelling, and engaging gameplay, it is a journey that will resonate with players long after the final credits roll. Whether you are a longtime fan of the series or a newcomer to the world of Final Fantasy, this game is an absolute must-play.”

However, in terms of the volume that publisher Square Enix was anticipating to push for the new release, it appears to be lacking. From a report by Bloomberg, it is revealed that the new game did not meet expectations for the Japanese publisher. Square Enix CEO Takashi Kiryu during an earnings call deemed that initial sales “did not meet the high end of the company’s expectations.”

Additionally, Bloomberg goes on to theorize that this is partially due to the slow adoption rate of the PlayStation 5 compared to the number of PlayStation 4 owners (3:1). But, that is anticipated to change with Kiryu acknowledging increased hardware sales for Square Enix to boost more game transactions. Previously, it was revealed that 40+ million PlayStation 5 sales was cemented for the new console.

Looking ahead, Square Enix confirms that Final Fantasy XIV Online’s reach will grow even more next year. That is due to the upcoming support for the game now planned to hit Xbox Series X|S in 2024. You can read the full report by heading here.

Are you behind the lacking sales of Final Fantasy XVI or no?

Source: Bloomberg

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