Grand Theft Auto 5 screenshot
Grand Theft Auto 5 screenshot

UPDATE (31/01/13 16:37): Rockstar has announced a September 17 release date for Grand Theft Auto 5.

ORIGINAL STORY: A release date for Grand Theft Auto 5 may be announced by publisher Take-Two as part of its fiscal 2013 Q3 results on February 5, Wedbush analyst Michael Pachter has said.

In a Q3 Preview released to investors, Pachter wrote: "Grand Theft Auto V's release date remains elusive, frustrating shareholders.

"TTWO initially provided FY:13 EPS guidance in "excess of $2.00" in May 2011, a strong indication of GTA V's release, but conceded that it would not ship in FY:13 last August when it lowered EPS guidance for the year to $0.00 – 0.20. Investor confidence appears shaken by repeated, unexpected, and unjustified swings in profit and loss. If Rockstar is ready to confide in Take-Two management, we may learn the launch date next week."

Pachter added that he continues to "expect a launch in May". Rockstar is currently communicating a spring release date.

The video games analysts also commented on Take-Two's acquisition of Evolve from THQ.

"Although little is known about the co-op action game, the ≈ $11 million price tag, solid track record of Turtle Rock Studios (co-developer of the Left 4 Dead games), and Take-Two's emphasis on quality suggests a high probability of success," advised Pachter.

Source: Wedbush Investor Preview

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atGrEeNy743's Avatar

atGrEeNy743

OMG!!Really? I'm sick to death of reading about Michael Pachter stupid predictions!! I am willing to bet £10,000 that the release date is NOT announced at Take-Two's fiscal 2013 Q3 results!! He has said this crap everytime take-two announce its forecast!! 1, The release will be in May no earlier 2, Take-Two will never announce to release that is Rockstars job. Im no expert or analyst, just a GTA fan with common sense and getting fed up with stupid pointless articles!! NO decent news!! Then NO need for an article!! Expect an release date announcement with the cover release or no time soon!!
Posted 20:34 on 30 January 2013

Game Stats

Technical Specs
Release Date: 17/09/2013
Developer: Rockstar
Publisher: Rockstar
Genre: Action
Rating: PEGI 18+
Site Rank: 1
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