GTAV Slated For Fiscal Year 2011?
The last time a reporter brought up Grand Theft Auto V, Take-Two boss Strauss Zelnick responded with the quote of the year. But that doesn't mean other people can't speculate on a possible release window.
That goes double for analysts, who know investors are usually waiting to leap aboard the Take-Two bandwagon just before a new GTA hits the market. And according to VG247, Piper Jaffray's Anthony Gikas has raised his Take-Two stock target from $11 to $15, saying Grand Theft Auto V "is expected" during the company's fiscal year 2011. Said Gikas:
"Our confidence in the company’s profitability profile is improving as product flow for FY 2010 is greatly improved and Grand Theft Auto V is expected in FY '11. Assuming no change to product flow, we expect the company will have 10-plus games that will sell over one million units."
If you need a quick lesson, Take-Two is currently in their fourth quarter for the fiscal year 2009, and that ends on October 31. To say GTAV will launch in "FY 2011" means the game should be available some time between October 31, 2010 and October 31, 2011...which is quite a large release window. But it does get people thinking: might it be available for next year's holiday rush? If so, you can bet that once again, more big-name games will leap into 2012 to get away from a massive blockbuster. ...okay, we're getting a little ahead of ourselves here.
9/16/2009 9:37:44 PM John Shepard
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Comments (29 posts)
bebestorm
Wednesday, September 16, 2009 @ 10:22:38 PM
HeXeN
Wednesday, September 16, 2009 @ 11:04:04 PM
Ben Dutka PSXE [Administrator]
Wednesday, September 16, 2009 @ 11:56:51 PM
Wage SLAVES
Thursday, September 17, 2009 @ 2:46:14 AM
kevinater321
Wednesday, September 16, 2009 @ 10:21:44 PM
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Alienange
Thursday, September 17, 2009 @ 7:08:43 PM
WorldEndsWithMe
Thursday, September 17, 2009 @ 2:09:27 AM
556pineapple
Wednesday, September 16, 2009 @ 11:38:11 PM
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jerocarson
Wednesday, September 16, 2009 @ 11:50:20 PM
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I_defenestrate
Thursday, September 17, 2009 @ 1:37:18 AM
WorldEndsWithMe
Thursday, September 17, 2009 @ 2:10:56 AM
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Aftab
Thursday, September 17, 2009 @ 3:27:45 AM
Last edited by Aftab on 9/17/2009 3:29:51 AM
Jalex
Thursday, September 17, 2009 @ 2:19:32 AM
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That, and a 70s- or 90s-era Vice City. 'Twould be truly 'Grand.'
Oh, and there's a tiny mistake in the article:
'But it does get people thinking: might it be available for next year's holiday rush? If so, you can bet that once again, more big-name games will leap into 2012'
If it's released next Christmas season, titles will be pushed back to 2011.
Last edited by Jalex on 9/17/2009 2:20:19 AM
CptnObvious
Thursday, September 17, 2009 @ 8:55:48 AM
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BTNwarrior
Thursday, September 17, 2009 @ 11:44:11 AM
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Metal Head
Thursday, September 17, 2009 @ 7:28:01 PM
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mondzter
Thursday, September 17, 2009 @ 8:22:55 PM
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Scarecrow
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Wednesday, September 16, 2009 @ 10:08:19 PM
Still the best imo