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Old 04-27-2010, 15:09   #1
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NetDragon profit falls 90%

I'm sad. Why would such a good company, full of talented, artistic, skilled employees suffer so much.

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Old 04-27-2010, 15:13   #2
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Lol
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Old 04-27-2010, 15:25   #3
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I would bet that it will continue to fall for the next few quarters, even as a new expansion is released. TQ has beaten Conquer Online to death with expansions that force players to adjust by spending money.

When the game first began to shift to a monetary position they made a quick amount of money rapidly as bulkers began eating up new ways to beat other people. This looked like an insane amount of growth over time (a few years) and was bound to fall. The reason? Because many players who reach that plateau are realizing that if they quit buying dbs to upgrade the items, they will still stay pvp viable. Even if they add permanent effects, when the possibility of temporary effects exist for those who win a lot (aka bulkers) there is no reason to purchase anything more.

Non-bulkers who begin the game realize that a massive amount of money has to be spent in order to simply fight top bulkers and therefore it isn't worth it for them to try and get to the top. (with a few exceptions) Usually this realization results in either a person sticking around for a little while for friends or quitting all together.

Also when big bulkers get bored of winning everything, they trade in a sideways sort of manner by selling there account to another person usually at some sort of loss. They still recoup some sort of money but the bulker who would normally bulk, won't pay a dime except if he has to create a new character. (in which case he may purchase expballs or pots)

The only direction really for the company to go is down. They have ridden profits for as long as they can and no implementation of any system is going to save them or there shareholders. (at least in the Conquer Online side of things(

The plus side for netdragon is that they have many areas that they are delving into in order to keep some sort of revenue coming in, but the way I see it, they doomed themselves by setting up a "quick monetary gain" system. Because once the system levels out, they will be way under what shareholders saw them at during the early years of the company.

This game never should have been set up so that you can bulk as quickly as possible, but a purchasing little items over time (exp potions, maybe + stones, lucky items, heavens blessing etc.) system should have been implemented in order to keep new and old players playing.

At some point in a quick purchase system you are going to hit a brick wall and slow way down. If NetDragon can continue creating games like Conquer Online that suck people in enough to spend the mass amount of cash that people are willing to spend, then they will continue to flourish as a company.

However, I have played may of there games and have yet to find one as popular as Conquer Online is/was. I do hope (for the sake of this game) they find a new game that will work for them and be popular but I highly doubt it.

Just my 2 cents.

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Old 04-27-2010, 15:33   #4
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Old 04-27-2010, 15:38   #5
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Saw this when it was first announced, except that Site said most of the difference was because while they made money, they plowed a large chunk of it into R&D.
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Old 04-27-2010, 15:39   #6
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Quote:
Originally Posted by Loviatar View Post
Saw this when it was first announced, except that Site said most of the difference was because while they made money, they plowed a large chunk of it into R&D.
Of course they would. How do you keep shareholders from panicking when they see a 90% loss? You tell them you spent money vs. lost it.
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Old 04-27-2010, 16:23   #7
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About time they get a drop in profits, they should consider that a smack in the face and wake up to reality. Think about the game and not the profits, if the game is good then the profits are good. Profit is not the independent factor here.. it depends on the quality of the game..
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Old 04-27-2010, 18:13   #8
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Ironically, their fall came at the same time they purposely killed off the market for us that were mainly playing as marketeers and quit...Hmmm...
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Old 04-27-2010, 18:20   #9
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Yeah, there was a lot of recruitment and investment on new research, not to mention employee perks (which have gone down a bit.. :_( ) but it's definitely not like you're trying to make it out. Hahaha
Me thinks there's a bit of exaggeration goin on. Don't expect the company to die any time soon.
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Old 04-27-2010, 18:29   #10
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Originally Posted by thehempknight View Post
Yeah, there was a lot of recruitment and investment on new research, not to mention employee perks (which have gone down a bit.. :_( ) but it's definitely not like you're trying to make it out. Hahaha
Me thinks there's a bit of exaggeration goin on. Don't expect the company to die any time soon.
What is TQ? The Chinese GM? Too big to fail?
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Old 04-27-2010, 18:33   #11
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Originally Posted by thehempknight View Post
Yeah, there was a lot of recruitment and investment on new research, not to mention employee perks (which have gone down a bit.. :_( ) but it's definitely not like you're trying to make it out. Hahaha
Me thinks there's a bit of exaggeration goin on. Don't expect the company to die any time soon.
Here's a line you need to remember for your next job once your masters go belly up ..."Want fries with that?"
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Old 04-27-2010, 18:43   #12
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here's a line you need to remember for your next job once your masters go belly up ..."want fries with that?"
lol
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Old 04-27-2010, 19:06   #13
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Old 04-27-2010, 19:33   #14
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Why are they so eager to make new games? Are their old games failing?
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Old 04-27-2010, 19:43   #15
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Why are they so eager to make new games? Are their old games failing?

They make new games.. never develop them much. make another new game. Conquer surprised them that they could sell so much of it.


They have been throwing stuff at it for over a year to see if anything sticks.

It just barely slows the slide from time to time.

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