Grand Theft Auto 5 News for Xbox 360

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Grand Theft Auto 5 screenshot
Grand Theft Auto 5 screenshot

Grand Theft Auto 5 will sell 18 million units in Take-Two's fiscal year, which runs April 1, 2013 through March 31, 2014, Sterne Agee analyst Arvind Bhatia has forecast.

Sales of this magnitude would make over $230 million in operating profit.

Bhatia's "hypothetical profitability model" states a GTA 5 development cost of $137.5 million, which is based on a five-year project using a team of 250 people. Add to this marketing costs of between $69 million and $109.3 million.

Even selling only 15 million copies would see Take-Two generating more than $193.6 million in operating profit from the game in its fiscal year.

Sales in excess of 18 million – in the region of 25 million copies – would require increased marketing costs, but in turn would drive operating profit of $390.8 million.

Bhatia expects GTA 5 to be the biggest selling title of the year, with Activision's "Call of Duty: Modern Warfare 4" the only title with a chance of shifting more copies.

Regarding the threat of next generation systems, Bhatia added: "This is a long-awaited title that consumers are unlikely to pass up and we remain bullish on our outlook for this title and for the company."

GTA 5 will be released September 17, four months later than Rockstar had intended.

Source: Gamesindustry International

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11 Comments

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Highest Rated Comment

munkee's Avatar

munkee

Two very valid arguments. Welcome to the forum.
Posted 14:37 on 04 February 2013

User Comments

Mintyrebel's Avatar

Mintyrebel@ munkee

I think I like that guy!
Posted 19:23 on 07 February 2013
thompo555's Avatar

thompo555@ M_W_4_WHAT

Not announced via this article, only suggested because Activision release a similarly coloured poop each November. Just Extrapolation of trends..

But yeah, I think they could do this easily if released on 4 platforms. Heck if the WiiU gets a look in then It would easily do this.

Unless Patcher is saying that it will do this, in which case:
This will absolutely flop! It will release for no console and will sell -18million.

Because, you know, Patcher is always wrong.
Posted 23:20 on 04 February 2013
M_W_4_WHAT's Avatar

M_W_4_WHAT@ rbevanx

I think they will roll it out for the 360 and PS3 too, because they spend 5 years developing it for the consoles,

PS4 will just be a PS3 with more ram and and better chips,

Its a scam, I wouldn't buy into it, I think MS and Sony are slowly losing money, and will try to pull an apple by releasing a new console every couple years....
Posted 23:13 on 04 February 2013
M_W_4_WHAT's Avatar

M_W_4_WHAT

Modern Warfare 4?????????????????????????!!!!!!!!!!!!!! !!??????????????

Is Soap is back?

Cant believe I found out on a GTA 5 news article,

I love GTA 5...
Posted 23:05 on 04 February 2013
rbevanx's Avatar

rbevanx

I can see it selling that many simply because it's gonna be on Xbox 360 and 720 as well as PS3 and PS4 etc.

I think GTA will be a launch game for the new consoles and will probs come out after the 360 and PS3 versions.
Posted 17:03 on 04 February 2013
EverTheOptimist's Avatar

EverTheOptimist

Will the PS4 really be out in September though? Suppose it makes sense for the Christmas rush, but it just seems very quick. Imagine how p*ssed off people would be (including myself obviously) if GTA V was a next gen-only release. Hahaha! *Cries a bit*
Posted 16:18 on 04 February 2013
munkee's Avatar

munkee

Two very valid arguments. Welcome to the forum.
Posted 14:37 on 04 February 2013
usuck2's Avatar

usuck2@ FantasyMeister

yeah like yoll be able to buy a next gen
Posted 14:22 on 04 February 2013
usuck2's Avatar

usuck2@ munkee

yeah like youll be able to aford a ps4
Posted 14:21 on 04 February 2013
munkee's Avatar

munkee

I'm already mentally preparing myself for the possibility that I'll buy this on PS3 and play it, then end up buying it again for PS4 (whatever its called) when its finally released. That is if they have a stunted release. Ideal scenario is that GTAV and PS4 hit the shelves in very close proximity. I'll then buy it once as my PS4 launch game instead.
Posted 13:46 on 04 February 2013
FantasyMeister's Avatar

FantasyMeister

Makes you wonder if it's going to be the last of this gen's great games or the first of next gen's great games. If it's this gen, then 18 million sounds realistic, if it's next gen well... that's a lot of next gen consoles that have to be sold in a year.

So I'm guessing it might be playable on both this and next gen?
Posted 12:58 on 04 February 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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