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News / Guild Wars 2 delayed while NCsoft profits are down

News
Reading time: 1 min read

Guild Wars 2 delayed while NCsoft profits are down

Posted by:
Gilad A
on February 14, 2009 February 14, 2009

It appears all is not entirely well at NCsoft. Aside from getting slapped with a lawsuit over patent infringement last year and instituting structural changes which would affect a considerable amount of their employees this week, the year seems to be starting a bit on the red for publisher NCsoft, despite rises in revenue. The company reported that profits were down by 40 percent, pointing to the Korean launch of Aion: Tower of Eternity in November for the source of the profit shortfall, explaining that the game’s short amount of time on the market was not enough to retrieve expenses on marketing.

Coupled with the announcement that profits were down was the news that Guild Wars 2 may not be released until 2010-2011. NCsoft expects profits to increase for their next fiscal year. “We anticipate full scale growth in 2009 based on the successful launch of Aion in Korea and the upcoming launch of the product in territories worldwide,” NCsoft’s CFO Jaeho Lee said in a statement.

Open the bio of Gilad A

Gilad had been gaming for years (and we do mean years). Being nearly 40 years old Gilad had managed to play nearly anything from the old Atari 80 consoles to the latest gaming consoles.

Gilad is a technology "freak", always online and always reading and writing news. His real passion (also a kind of toy) is RC 3D Helicopters.

His favorite all times game? Well Siera's king quest's series :-)

Tags Aion: Tower of EternityGuild Wars 2NCsoft

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