Analyst: GTAV Should Outpace GTAIV In First-Month Profit
How much money is Grand Theft Auto V worth? Oh, about $1 billion...and that's just for the first month.
According to GameSpot, Robert W. Baird analyst Colin Sebastian believes the hotly anticipated blockbuster will net in excess of $1 billion in its first month of availability. Said Sebastian:
"Given the significantly higher installed base of relevant console platforms at launch, greater sales concentration among the top video game franchises, and unprecedented pentup demand, we expect GTAV to outpace GTAIV sales, and generate roughly $1 billion in retail sales during the first month."
Don't forget that GTAIV launched way back in April of 2008, so there's no doubt that the installed console user base is much higher these days. GTAIV managed to sell 11 million copies in its first month, which translated to $900 million. So, given so many more console owners out there, if GTAV doesn't top $1 billion, something went horribly wrong. ...and given the early review scores, that probably won't happen.
Related Game(s): Grand Theft Auto V
9/16/2013 8:43:14 PM Ben Dutka