Wednesday, 27 November 2024
Article and comments
Grand Theft Auto V sales "extremely front-loaded" says analyst

Added: 25.09.2013 14:46 | 17 views | 0 comments

Doug Creutz says gamer anticipation and next-gen consoles on the horizon means open-world game will have shorter sales tail, though GTA Online could generate "several hundred million dollars per year."

sales are expected to be "extremely front-loaded," according to Cowen & Company analyst Doug Creutz.

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 .

More in www.gamespot.com »

Tags: Online, PlayStation, Games, Cave, Duty, Xbox, There, Color, Down, April, Grade, Auto, Grand Theft, Theft Auto, Company, According, Baird, Rockstar, Xbox One



Image with code
Comments:
advertising

Copyright © 2008 - 2024 Game news at Chat Place  - all rights reserved