In a note to investors today, Creutz said GTAV will have a shorter sales tail due to "high gamer anticipation" and the launch of next-generation consoles in November.

The analyst is now modeling sales of 25 million units for GTAV in the game's first year. Based on the , Creutz said the open-world game is likely to have already sold at least 15 million units.

Take-Two has not disclosed specific unit sales figures for GTAV, saying only that the game has generated over $1 billion in global retail revenue to date. The game achieved this milestone faster than (15 days) and The Avengers (19 days).

By comparison, since the game launched in April 2008.

Creutz also said in his note to investors today that --due to launch on October 1--should offer "ample opportunities" for content packs and microtransactions over the next several years.

"Call of Duty generates several hundred million dollars per year in digital revenue, and we think GTA could do the same," Creutz said. "Success here would take significant pressure off of next year's as-of-yet undetermined title slate."

GTA Online is , though Rockstar Games has not commented on this yet.

According to Robert W. Baird analyst Colin Sebastian, GTAV is likely to be released on the Xbox One and PlayStation 4 in 2014 to "."

For more on GTAV, check out .

From: www.gamespot.com

By comparison, it took to reach the milestone.

"Grand Theft Auto is a cultural phenomenon and Rockstar Games continues to redefine what can be achieved in interactive entertainment," Take-Two CEO Strauss Zelnick said in a statement. "We are incredibly proud of the extraordinary critical and commercial response to Grand Theft Auto V.

According to Robert W. Baird analyst Colin Sebastian, GTAV is likely to be released on the Xbox One and PlayStation 4 in 2014 to "."

GTAV may have broken global entertainment sales records, but it hasn't won everyone over. The United Kingdom's deputy prime minister Nick Clegg said today that .

GTAV's multiplayer component--.

From: www.gamespot.com

In a note to investors today, Sebastian said releasing the game on next-generation platforms would "help extend the value of the franchise."

GTAV launched on Tuesday and , setting a launch-day record for parent publisher Take-Two Interactive as well as the Grand Theft Auto series overall.

Sebastian called this figure today the "largest entertainment property launch in history."

"We are now modeling 13-14 million units shipped in F2Q. We believe there is still potential upside to our targets," he said. "However, given the possibility that sales of GTA are front-loaded, we will await further sales data before adjusting our expectations further.

The PS4 launches in North America on .

GTAV's multiplayer component--.

From: www.gamespot.com

In a note to investors today, Sebastian said releasing the game on next-generation platforms would "help extend the value of the franchise."

GTAV launched on Tuesday and , setting a launch-day record for parent publisher Take-Two Interactive as well as the Grand Theft Auto series overall.

Sebastian called this figure today the "largest entertainment property launch in history."

"We are now modeling 13-14 million units shipped in F2Q. We believe there is still potential upside to our targets," he said. "However, given the possibility that sales of GTA are front-loaded, we will await further sales data before adjusting our expectations further.

The PS4 launches in North America on .

GTAV's multiplayer component--.

From: www.gamespot.com