And They Say Consoles Are Dying And Next Gen Gaming Budgets Will Be Too High
It’s been mentioned by various people in the gaming industry over the last few months that console gaming is coming to an end, and that this (next-gen) may be the last generation of consoles.
However, according to Ubisoft CEO Yves Guillemot, Christmas pre-orders for the PS4 and Xbox One are ‘twice the size of last gen’, meaning twice what they were for the launch of the PS3 and Xbox 360.
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Guillemot, recently speaking in an Ubisoft earnings call, referred to reports from retailers as the source of his statements.
“Some retailers, not all of them, are saying pre-orders two times than what they saw in the last generation launch”, he said. “They’re getting more pre-orders than what they saw before.”
A company representative further clarified these statements during the earnings call, saying that the first Christmas install base “will be double” the last-gen equivalents.
“That’s including Wii U figures compared to the Wii,” the person said.
Guillemot also spoke a little about the anticipation of next-generation Ubisoft games such as Watch Dogs and Assassin’s Creed IV: Black Flag.
He said “pre-orders are going really well” and Ubisoft’s games are “in top five for most pre-ordered games”.
“We think we will have positive growth from the 12-month from launch, we should see more than double-digit increase of the market in calendar 2014.”
Ubisoft also stated, very interestingly, that it does not expect a significant increase in development costs, which is something I personally predicted. This may come as a relief to the industry which is facing budgeting problems with modern games.
Furthermore, during the call, Ubisoft revealed that the company hit its sales target for the first three months of its fiscal year. However, the business overall has made 40 percent less cash than it did around the same time last year.
Ubisoft’s growth in sales was partly driven by a 56 percent increase in sales of popular and critically successful older titles like Far Cry 3, Assassin’s Creed III and Rayman Origins. The publisher also confirmed that its next generation persistent online racing game, The Crew, will be released in the first calender quarter of 2014.