Dr. Samuel Hayden
Member
Yikes.
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[Reuters] CD Projekt Red publishes Q1 results - expected net profit down by 64.7%
alucard0712_rus
Gold Member
I think it's a good lesson for all those shareholders who wanted to game out sooner than it gets ready. Also lesson for all the gaming industry. Funny how Nintendo knew this ages before and followed this knowledge.
Biff
Member
S0ULZB0URNE
Member
MasterCornholio
Member
I think it had more to do with the refund policies than anything else.
BennyBlanco
aka IMurRIVAL69
I feel like I'm one of the few people who actually really liked cp2077 but i can't say i care about the DLC plans. Rather they move on to their next project ASAP.
prinz_valium
Member
Lmao. Like MS had anything to do with the release date.
MS had to release a custom Cyberpunk 2077 Xbox One X in before the game was out, because of the delay.
And no one needed any games to boost sales. Consoles were sold out without any games to support them. They're still sold out
NathanDiego
Member
LMAO at a user here arguing with me that Cyberpunk would sell more than 50M units based on first week sales.
DeaDPo0L84
Member
I will always hold a special place in my heart for CDPR cause they gave me the Witcher 3 which is my favorite game of all time.
I feel both bad for them and also pissed off cause this was supposed to be the next big thing and instead its a big thing for a whole different reason. I know they'll eventually fix it and recoup their money through the Witcher enhanced edition but fuck every person at the top that forced this to come out when it clearly wasn't ready.
I even had the benefit of playing it on a brand new PC with a rtx 3090 and while I didn't have the issues most did on consoles there were still enough problems to sour the experience. Damn shame cause there is an amazing game buried deep underneath all the bullshit.
I feel both bad for them and also pissed off cause this was supposed to be the next big thing and instead its a big thing for a whole different reason. I know they'll eventually fix it and recoup their money through the Witcher enhanced edition but fuck every person at the top that forced this to come out when it clearly wasn't ready.
I even had the benefit of playing it on a brand new PC with a rtx 3090 and while I didn't have the issues most did on consoles there were still enough problems to sour the experience. Damn shame cause there is an amazing game buried deep underneath all the bullshit.
anthony2690
Banned
Let's not make stuff up.
To fan some silly console war narrative.
Especially as it doesn't even have a series s/x version.
Even worse when the road map has apparently been updated and the next gen version isn't even coming to H2 2022 now apparently, what sucks.
harmny
Banned
Where have I seen that chart before?... Oh right!
zoom out. 8 times higher than TW3 launch.
No it s just 101 accounting norm.
before the release nearly all dev cost directly incurred to the game are capitalized (basically they are investment and do not show in the P&L before net profit, as they cannot be related to any income). After they are operating costs (you are working on something already available to sell) + amortization of the investment (ie salaries paid during the dev)
Since an abnormal part of the team is still working on the base game (nearly 50% FTEs) these costs seem a lot higher, hence the lower net profit. Devs working on expansions and future projects (witcher4) however do not appear on these specific costs.
It is just a matter of corporate finance where you do not put the figures at the same place depending on the product cycle, but if you look at it from another lense (ie salaries paid) there is no surge in total costs. It is just that before the launch, they appeared after the net profit, and so were not visible in the P&L.
blastprocessor
The Amiga Brotherhood
Still not on PS store
MasterCornholio
Member
zoom out. 8 times higher than TW3 launch.
It was a positive trend until Cyberpunk came out?
JLB
Banned
Thats my guess.
harmny
Banned
yep. it's called sell the news. it was a bubble. there was no reason for the stock to be like 20 times higher than when tw3 released. cdpr didn't grow 20 times and they didn't release any new AAA game.
Coulomb_Barrier
Member
Didnt first month sales of 10m include 8 million pre-orders or something crazy? So a few million sold after launch for most hyped game ever known.
This is definition of sales 'falling off a cliff'.
This is definition of sales 'falling off a cliff'.
Oddvintagechap
Member
Kiss Sega‘s feet. Then get bought out by Microsoft on Wednesday.
Yeah Sony isnt letting them in the store anytime soon.
NoLootBoxDev
Member
Let's focus the blame on the management who screw everything as they always do.
recursive
Member
No way. They are bffs with Phil. Witcher 4 exclusive to Xbox in 6 years will save the company.
Umbasaborne
Banned
Good, obviously i hope the game gets better, and i hope that none of the devs are laid off, but i hope this serves as a hard fucking lesson to them and the entire industry about releasing undercooked games, especially when you promise the moon and fail to deliver spectacularly
Umbasaborne
Banned
Well said, i want to love cyberpunk, especially since i consider the witcher 3 to be one of my favorite games of all time, but fuck, they dropped the ball. Its missing so many basic features that its laughable
mcjmetroid
Member
Couldn't happen to a nicer company.
I hope lessons were learnt here. CD tried to play the games( no pun intended) that the bigger companies play and realised it's not as easy as they thought it would be..
I hope lessons were learnt here. CD tried to play the games( no pun intended) that the bigger companies play and realised it's not as easy as they thought it would be..
Hawking Radiation
Member
Promise me incredible revolutionary game ideas any day you want as long as you deliver on said promises and I'll purchase your product(s) until the cows come home.
So I'll drink to this news. The tribe has spoken. Fuck CDPR and Cyberpunk.
So I'll drink to this news. The tribe has spoken. Fuck CDPR and Cyberpunk.
Self_Destructive
Member
MS needs to get in an buy this company up.. right now.
Because they will focus on the next gen console experience with The Witcher 4, and they wont make the same mistake they did with CP2077.
And when people see the first trailer of The Witcher 4... they will absolutely forget all this shit ever happened and the game will sell boatloads.
MS should get in there and get them now.. and make TW4 PC and Xbox exclusive.
Because they will focus on the next gen console experience with The Witcher 4, and they wont make the same mistake they did with CP2077.
And when people see the first trailer of The Witcher 4... they will absolutely forget all this shit ever happened and the game will sell boatloads.
MS should get in there and get them now.. and make TW4 PC and Xbox exclusive.
Mozzarella
Member
Sales not looking good, Devs leaving the company. Time to make a move CDPR.
Why do people keep saying "Witcher 4"? There is no Witcher 4. All that they said is there will be another game set in the Witcher universe but Geralt story and the trilogy itself is done.
Why do people keep saying "Witcher 4"? There is no Witcher 4. All that they said is there will be another game set in the Witcher universe but Geralt story and the trilogy itself is done.
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Madflavor
Member
Results of typical short term corporate thinking. Money now, deal with the consequences later.
Well grats on your little fucking stunt there CDPR. You sold an fuckload of units during launch, but completely lost the faith and trust of the gaming community, and the game has horrible legs. Good job.
Well grats on your little fucking stunt there CDPR. You sold an fuckload of units during launch, but completely lost the faith and trust of the gaming community, and the game has horrible legs. Good job.
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
It's not surprising sadly. They made the ultimate mistake. They rushed out a game before it was ready. It is VERY hard to come back from that. Only a handful of games have ever survived it let alone thrived after it. No Man's Sky is the only game I have ever seen release in a complete and utter shit state and rise from the ashes to be a top tier game.
I wish them luck because I love their work on Witcher, but they fucked up here. If this damage is what it takes for them to pull their heads out of their bank accounts then so be it. I just hope they don't sink or get bought out because of it.
I wish them luck because I love their work on Witcher, but they fucked up here. If this damage is what it takes for them to pull their heads out of their bank accounts then so be it. I just hope they don't sink or get bought out because of it.
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Gamer79
Predicts the worst decade for Sony starting 2022
Hopefully this gets the message across to publishers they should not release unfinished and unpolished games. CPR is also at fault for taking 8 years and this is the shit they came up with. Maybe buy the ps5 version if it's fully optimized. Will wait for reviews first.
Hawking Radiation
Member
It may have missed the promised features at launch but at least it was able to run on console hardware without issues. You look at Cyberpunk and it had it all: shit tier performance, broken missions, broken AI, glitches/bugs everywhere, missing features. You name it, Cyberpunk had it.
Instead of Hello Game giving out 'fix' timelines or roadmaps, they hunkered down and quietly went about fixing the game.
CDPR already had issues meeting deadline on releasing this game so now they go ahead and paint the proverbial target on their backs by releasing a roadmap for the fixes. I honestly can't fathom how fucking stupid of a decision this is but then again nothing should surprise me with how much they've fucked up their reputation and this game. I mean these guys are going out of their way to screw up.
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jigglet
Banned
I knew exactly what that sentence would be followed by before I even read it lmao
balls of snow
Member
Hard lesson at cdpr management being learned. Come back stronger bois. Better to have them than without. Also just skip playstation and take that ms money.
jigglet
Banned
CP2077 is effectively an XB exclusive if you think about it. I'm going to use this as troll fanboy fodder in the future lol
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balls of snow
Member
Not really as there are millions of boxed copy ps4 version and gets the same patches as everyone else but ok.
jigglet
Banned
You're just mad cause CP is exclusive to Xbox.
Kenpachii
Member
Anybody with a brain would know the game would crash and burn on sales in 2021. just look at keysites. the game is straight up sold what 3 weeks after for 19 bucks or something. Nobody wants it.
CDPR should have never released it to start with until it was ready. Which means another 1-2 years of development.
As of now, they need to just cut there loses, put a skelleton crew on it for patches and updates and move on to witcher 4 development.
CDPR should have never released it to start with until it was ready. Which means another 1-2 years of development.
As of now, they need to just cut there loses, put a skelleton crew on it for patches and updates and move on to witcher 4 development.
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harmny
Banned
phil spencer playing 4d chess
jigglet
Banned
Sony didn't drop CP, Phil didn't allow it.
I saw a thread somewhere about games with massive hype thats soon forgotten after release, with CP2077 in the title.
I knew it was bad but not this bad. Damn....
I knew it was bad but not this bad. Damn....
He pulled the PS4 disc versions?
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jigglet
Banned
You have no idea how powerful this Phil is.
Dthomp
Member
This sucks, I've been holding out on playing thinking I'll just wait for the next gen version since my wife wanted to play it already, but my fear is that they are more interested in the "free" dlcs first so they can package them into a Complete Edition version of the game for PS5/XB1 and hope to get a few suckers to pay 60-70 for the full version, instead of focusing on the next gen version first and then finishing the DLC shit. I'll be completely over even caring about playing this by the time they focus on next gen.