Reminder: Daewoo Is Not An Official Source


Daewoo Securities, a financial investment group in Korea, have released an earnings forecast for NCSoft that is throwing some of the community into a ruckus. The whole thing stems from the prediction that in Q3 2015, Guild Wars 2 will see a massive rise in sales thanks to an upcoming expansion launch.

Here’s what you should know about the forecast: Daewoo is not an official source for any of NCSoft’s products. They are a third party investment firm that makes predictions based off of speculation and assumptions.

As of this publishing, NCSoft has not announced an expansion to Guild Wars 2, let alone one launching in 2015. For context, this is Daewoo’s full prediction regarding Guild Wars 2:


Also, in 2015, NCsoft is expected to roll out an expansion pack for Guild Wars 2, which has sold more than 3mn copies since its release in 2012 in the US and Europe. We assumed in our 2015 earnings estimates Guild Wars 2 expansion pack sales of around 2mn copies (US$50 per copy), and note that the expansion packs for Guild Wars 1 have sold almost as much as the original game in the year of their release.

A snippet of Daewoo’s disclaimer:

Information and opinions contained herein have been compiled from sources believed to be reliable and in good faith, but such information has not been independently verified and Daewoo makes no guarantee, representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information and opinions contained herein or of any translation into English from the Korean language.

To inject some positivity into this, the rest of Daewoo’s predictions seem pretty solid. The firm predicts high sales from NCSoft’s numerous mobile games being released this year based off of trends from Activision Blizzard, Netease, Changyou, and Electronic Arts.

Arenanet will be hosting a panel at PAX South to discuss the future of Guild Wars 2 later this month.

(Source: Source)

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