Take Two Interactive released it’s financial results recently, and as expected in a year where they released one of the most popular games for the calendar year, Red Dead Redemption, they did pretty well. Â There’s been alot of speculation regarding when Rockstar and Take Two would release the next installment in the Grand Theft Auto series. Â Michael Pachter of Wedbush Morgan thought they were going to release one in 2010, and has since moved that estimation back to 2011. Â More recently he stated that the game absolutely must ship before Q4 2012. Â Â While no official release date has been given for the game, Pachter is at it again. Â This time he thinks that if GTA V were to be released in 2011, it could be the greatest selling game of all time.
“The problem with delays of games like L.A. Noire and Max Payne 3 is that they distract the key members of the Grand Theft Auto team. Â While we are optimistic about both games following the success of Red Dead Redemption, neither is likely to sell more than 5 million units, while the next GTA may become the best selling game of all time, selling over 20 million units. Â We think that Take-Two management must strike a balance, and must ensure that work on the company’s most valuable property takes precedence over all other titles.” Â the analyst stated.
