Fri, Jan 09, 2009 | 14:22 GMT
Eidos lowers expectations after poor sales of “triple A products”
According to this GI piece, Eidos has lowered its forecasts for 2009 from £160 million to £180 million, compared to previous estimates of £180 million to £200 million blaming disappointing sales of triple A products as the cause.
“On a global basis our sell through to 31 December, which we estimate at approximately 1.5 million units, is below our internal forecasts, primarily due to a lower start in North America,” said the company.
“In a difficult North American economy we have seen retailers restricting inventory levels and triple-A products being price discounted above our expectation.”
So, Tomb Raider not doing as well as expected, perhaps?
The company added that it has “passed our peak net debt position and we retain sufficient headroom within our committed banking facility but given revised profit expectations we may need to enter into discussions with our lending bank regarding our June 2009 covenants.”
More through the link
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15 
Posted in: America, Eidos, Financials, Trade
15 comments
#1
Blerk
09/01/09, 2:27 pm
Tomb Raider stayed in the top ten for ages over here, although it was quite heavily discounted fairly quickly. I’m guessing it didn’t perform nearly as well outside the UK.
This is your chance to give Lara a rest and do us a next-gen Soul Reaver, Eidos/Crystal! You know you want to.
#2
SticKboy
09/01/09, 2:45 pm
Yes! Listen to Blerk! Bring back Raziel pronto pronto!
#3
Blerk
09/01/09, 2:51 pm
It’s the only possible solution to all their money woes. That’s two copies sold already, see?
#4
locus2k1
09/01/09, 3:44 pm
Amy Hennig (Producer, Director, Script Writer, etc for the series) left and now works for Naughty Dog, right? has been no signs of anything in the works since she she went
But yes please to more Soul Reaver goodness!
#5
Blerk
09/01/09, 3:52 pm
Yeah, she’s working on the Uncharted series now. Of course, that doesn’t mean that they can’t get someone else to do it.
#6
Quiiick
09/01/09, 4:10 pm
“Soul Reaver” on PS1 … these were times …
Yes, puleeeze, bring Raziel back in full HD glory!
#7
SticKboy
09/01/09, 4:30 pm
Fuck the PSOne – it was all about Raziel on the Dreamcast, baby!
#8
Spiral
09/01/09, 4:46 pm
Did any of you play Defiance? It was horribly bland. They certainly weren’t improving as time went on.
#9
No_PUDding
09/01/09, 5:28 pm
Denis Dyack, are you busy?
Too Human sequel? Oh no one wants that….
#10
crippledhooba
09/01/09, 6:58 pm
The soul reaver idea, im liking :p. Do it now!
#11
fearmonkey
09/01/09, 8:06 pm
I want that new Deus Ex and a new Thief game Eidos
#12
Esha
09/01/09, 11:36 pm
Soul Reaver was always one of the better action adventure games out there, and it was criminally under-appreciated by all but critics as I recall. So while I’m not sure it would solve their money woes, I too would love a new Soul Reaver.
Lots of fond memories of Soul Reaver 2.
#13
dQuarters
10/01/09, 12:46 am
Rahziel need to evolve again. Get to work!
#14
Smartypants
10/01/09, 1:43 am
Which games does Eidos mean when they say ‘triple A products’? None of their games were even remotely close to ‘triple A’ – AFAIK
#15
Gamoc
10/01/09, 3:38 am
Yeah, I think their view of triple A differs from our’s.
Anyway, I want a Legacy of Kane game on my PS3. I good one, with awesomeness.