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Analysts predict GTA V can’t save 2012

by William Schwartz on July 7, 2012


Even massive sales from GTA V aren’t impressing analysts.

Analysts have high sales expectations for Rockstar Games’ GTA V. In fact, they’ve already begun to speculate on just how popular this next installment of the open-world franchise is going to be. Despite not knowing when the sequel is due to arrive, these analysts believe that even if the game does arrive in 2012, it’ll have a hard time propping up what’s been a pretty poor year for video game software sales.

No one seems to have a clear picture of when Grand Theft Auto V will arrive. Colin Sebastian of RW Baird is one of them. “I am not confident that it will be out this year, and even if it did, we would still likely see a modest decline in console software sales,” Sebastian said in recent research.

Analysts like Sebastian are predicting that the game will have stellar sales figures. Looking at the last Grand Theft Auto title, Rockstar added $500 million in revenue back in 2008 in the first week alone. That would help out the down sales figures significantly, just not enough to negate the downward trend for the year.

Heading into the middle of summer with Rockstar giving no tells on what to expect when it comes to a GTA V release date, the window is getting smaller and smaller for the developer to reveal a 2012 launch. Since last year’s reveal that Grand Theft Auto V would be heading back to Los Santos, Rockstar has been completely quiet about the game. Promising details following the release of Max Payne 3, it’s been a couple of months, and still no word on GTA V.

The most recent spotting of GTA V related news showed a clip of the game in a promotion trailer for the European gaming convention, GamesCom. Which could very well hold the first details in some time about the game. GamesCom is held in Cologne, Germany in August.

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