Grand Theft Auto IV Could Sell Over 23 Million Units

Gamedaily writes: "In the wake of the recent GTA fueled quarter for Take-Two Interactive, analysts have weighed in on the publisher's future. UBS analyst Ben Schachter and Wedbush Morgan's Michael Pachter both mention management's belief that GTA IV could ultimately outsell its predecessor GTA: San Andreas, which would mean the blockbuster title would sell over 23 million units. To date, the game has shipped around 11 million units and sold through 10 million to consumers.

"In our view, the 1 million units remaining at retail will be sufficient to satisfy consumer demand for the balance of this quarter," noted Pachter. "While we expect some reorders in Q1:09, we expect orders to approximate 30% of hardware sales in Take-Two's addressable market, or around 2.5 million additional units.'"