Smartphones are powerful now, yet games that manage to match the quality and depth of an SNES-era game are basically non-existent. After seeing the success of Rovio, Zynga and King, I don't think they will be made sadly.
It's important to realize that our tastes aren't necessarily representative of people's tastes in general. Most people probably wouldn't enjoy Chrono Trigger or FF3 compared to Candy Crush. The evidence is that Final Fantasy games have been available for smartphones for a long time now, but they just aren't selling. The storytelling experience is the same, but people aren't as into them.
It's easy to label the industry as "low confidence" but reality is more along the lines of "acts on hard data." It's wise to be cautious when it only takes one or two mistakes to kill your company.
It's important to realize that our tastes aren't necessarily representative of people's tastes in general. Most people probably wouldn't enjoy Chrono Trigger or FF3 compared to Candy Crush. The evidence is that Final Fantasy games have been available for smartphones for a long time now, but they just aren't selling. The storytelling experience is the same, but people aren't as into them.
It's easy to label the industry as "low confidence" but reality is more along the lines of "acts on hard data." It's wise to be cautious when it only takes one or two mistakes to kill your company.