Take Two shares are up. Here are the predicted sales for GTA IV....
Wedbush Morgan - predicts 6m units the first week
"We think that GTA IV will generate around $450 million of the company’s expected $1,073 million publishing revenue this year, and will generate an operating profit of around 30 percent, or $135 million. At the high end of company guidance, Take-Two will generate operating income of around $130 million, meaning that the game is responsible for 103 percent of overall company operating profit."
UBS - 10.5m worldwide - end of 2008
On a worldwide basis, UBS's Schachter believes the game could reach about 10.5 million unit sales by the end of this year. "At 6mm units in the U.S., the game would generate ~$360 million in total retail sales (assuming a $60 retail price), at 8mm units, the game would generate $480 million of sales in the U.S., or about 33% upside from current expectations". "Additionally, we expect the game could do similar numbers in Europe, almost doubling our U.S. totals."
Post your comments on what you think sales would be.
Monday, April 28, 2008
Whats the number for GTA IV folks?
blog comments powered by Disqus
Subscribe to:
Post Comments (Atom)

