Pre-holiday release for GTA 5 now unlikely, admits Pachter

Grand Theft Auto V is now unlikely to be released this holiday season, Wedbush analyst Michael Pachter has admitted.

Despite previously believing Rockstar Games' highly anticipated open-world action sequel was a good bet for an October 2012 release, Pachter now believes that the game's no show at E3 2012 means a 2012 release is unlikely.

However, given Take-Two's revenue guidance for the current fiscal year, Pachter remains confident that GTA 5 will be released before the end of March 2013.

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WildArmed2384d ago

Seems like it. I don't think they'd miss E3 and still decide to release the game this year.

guitarded772383d ago

It's not Rockstar's MO to go to E3, so it doesn't matter one way or the other that they were a no show. You can tell when R* is going to launch a game by how active the R* newswire gets, and it's all Max Payne info right now so don't expect GTAV until R* starts talking about it heavily.

I think Pachter likes the taste of his own words because he always ends up eating them. He has worse than my local weatherman when it comes to being right.

ReservoirDog3162383d ago

Yeah R* never show much at E3. They drop magazine reviews or trailers at the oddest times. And they tend to release games in May.

I never assumed GTA V would release in 2012.

RXL2384d ago

So? if anything this dude says is gospel..

his opinion on the matter is no different than say..another video game enthusiast...

would've been actual news if it was straight from the horses mouth.

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bub162384d ago

i hate patcher. hes always wrong

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