Ubisoft confirmed to stop supporting Wii U : Not enough money to do it.
Was exactly my thought....Rayman should have just come out when it was supposed too, but they got greedy and it bit them in the ass. Ancel needs to jump ship ASAP.
Ubisoft confirmed to stop supporting Wii U : Not enough money to do it.
A Ubisoft Tom Clancy game getting a massive delay and then resurfacing nothing like the original vision?
Given the huge amount of money already spent marketing this game, as one of the premier games of this fall, and aligning themselves very squarely with Sony as a co marketed PS4 game, this must have been delayed because it badly needed it, nothing with balls or fiscal quarter targets, no other reason.
I don't see why an investor shouldn't take this as a sign of incompetence in a company and sign that they should maybe sell that company's stock.
I don't see why an investor shouldn't take this as a sign of incompetence in a company and sign that they should maybe sell that company's stock.
Ubisoft's Fiscal Year begins April 1st, 2013 and ends March 31st, 2014.
1) Before, with a major revenue source like Watch_Dogs:
Ubisoft's targeted sales goal was 1,420 million - 1,450 million
Ubisoft's targeted non-IFRS operating income goal was 110 million and 125 million
2) Now, without the major revenue source:
Ubisoft's targeted sales goal is 995 million - 1,045 million
Ubisoft's targeted non-IFRS operating LOSS goal is (70) million and (40) million
3) Ubisoft has admitted that Splinter Cell (a major IP stable) has underperformed, drawing doubt into the stability of other Ubisoft IPs
4) Ubisoft has jeopardized their bundle deal with Sony by delaying Watch_Dogs, putting a future source of potential profits into question
It really is the perfect storm of Ubisoft screwups at the moment. No wonder shares are down so much.
I wanna play this! Every button just makes doge turn to the camera and stare. All ingame font is comic sans.
I really wonder what's going on at Ubi. Is trying to make another yearly super game with multiple studios causing this?
Because what reason do we have to believe that Ubisoft are incompetent outside of this? If some dopey as fuck analyst decides that this alone is enough reason to sell shares in a company then it's the fucking analyst who's incompetent, Ubisofts track record for the last few years has been incredible, they are perhaps the most capable third party publisher in the industry.
Want a good industry example of incompetence?
Microsoft.
IIRC, Prince of Persia, Splinter Cell, Ghost Recon, Brothers in Arms, and Rainbow Six each went through so many reboots and so much development hell that Ubisoft managed to kill or heavily diminish all of those series in this gen.
They've done really well at keeping Assassin's Creed and Just Dance selling, but I don't think they've shown that much competence elsewhere.
edit: Far Cry 3 was a success as well so there is that, but they delayed that for an entire year as well.
Screaming
Are you in the US? If so, your online account will need to allow foreign exchange trades (uncommon). The stock is available as an ADR state side though, (call sign UBSFY) which anyone should be able to purchase as a limit order.So, what's the best way to buy some stock these days? At 8 Euro I could buy some and hold it for a bit...
Rayman is a small game. Always was going to be. Splinter Cell under performing, the death of Tom Clancy perhaps hurts their investment on Tom Clancy games long term. They are starting to look like a THQ after having such a strong last year and investing in new IP. I wonder if it's the EA cycle. They'll double down and go hard on AAA sequels.Was exactly my thought....Rayman should have just come out when it was supposed too, but they got greedy and it bit them in the ass. Ancel needs to jump ship ASAP.
I wonder if the public is starting to dislike the Ubisoft sandbox games
It's nice to dream.I wonder if the public is starting to dislike the Ubisoft sandbox games
They'll get a nice boost from Stick of Truth. That game is going to be a sleeper hit.
Was exactly my thought....Rayman should have just come out when it was supposed too, but they got greedy and it bit them in the ass. Ancel needs to jump ship ASAP.
They'll be fine.Well if every games not named AC4 does well enough they'll be fine otherwise I don't see them surviving on just AC
do tellInvestors, buy TTWO instead, it's going to break out soon on gangbusters GTA V results and maybe some secrets we haven't been told yet. Plus have you noticed all the crazy sales 2K has offered this quarter? Gearing up for monster revenue, I say! I am long.
I dunno... as an outsider who has never played an AC game, AC4 appeals a lot more to me than AC3 did.Anecdotally, I'm just not feeling there's as much hype for AC4 as there was for AC3, even though Ubisoft's been marketing it for months already, which is a bit crazy.
Can't have too many good games.did we need another Splinter Cell.
Rayman should've came out last year lol and did we need another Splinter Cell.
Its amazing in a post-COD world ubisoft has not been able to leverage Rainbow Six and Ghost Recon franchises in any meaningful way financial or artistic. Really they could have made RS a slower COD game (which it was anyway). Redstorm was so talented in their prime.
The last Ghost Recon was a mess. A bad Gears of Duty clone. When the original game style of ghost recon would have been a good seller. It just needed a tech update and tweaks.
Of all companies Ubi was in the best position to go after Activisions market share. Instead they focused on churning out Ass Creed yearly.
I agree with that, AC3 seems to have hurt the franchise.I'm slightly worried about AC4. I'm sure it will sell millions and be profitable, but will it reach Ubisoft's expectations? Will it grow the franchise or at least maintain its popularity? Anecdotally, I'm just not feeling there's as much hype for AC4 as there was for AC3