In his latest notes on Take-Two's recently announced financial results, Wedbush Morgan's Michael Pachter has expressed some skepticism over how bright the future might be for the company, with doubts about GTA IV's impact on the bottom line.
"We are not convinced that GTA IV will be the panacea that investors anticipate," said Pachter, noting that while trends following the release of prior volumes in the series have generated operating income in the range of $150 million, Take-Two currently is running at an operating loss of $85 million, expecting GTA's release to bring that back to $114 million.
Huzaifa from eXputer: "2008 was home to the likes of Call of Duty: World at War, Dead Space, GTA 4, Far Cry 2, Left 4 Dead, and many other hits, which is outright remarkable."
Just about every year in the 7th generation was great and something we most likely won't experience again.
2009 for example had Assassin's Creed 2, Batman: Arkham Asylum, Dragon Age: Origins, Uncharted 2, Halo 3: ODST, Killzone 2, Borderlands, Bayonetta, and Demon's Souls to name a few.
As we have all been graced by the release of Grand Theft Auto 6's trailer, we're ranking the best and worst GTA trailers to date.
We be getting these posts All week now lads. Someone noticed a number plate ... Someone noticed a billboard... I can see it now
Just go on YouTube and watch one of the many videos dissecting the whole 1minite 30secs worth.
This site supposed to be for news.
These updates on N4G are going to ruin whats rest of this site. Unfortunate since I was one of the first members.. The site shows unsecure when i login as well.
Grand Theft Auto 4 is an important game for Rockstar, not least because it was the first title in the franchise to use the newly created RAGE engine.
Gta should sell quite a few xbox 360's and ps3's. The episodic content for 360 might make it sell more for 360 but the new GTA 4 is sure to convert quite a few ps2 owners. I know a couple of ppl buying PS3's for GTA4 dnt knw anyone buying 360's for GTA4 cus IMO most 360 owners are attracted to different games.
Pachter is the same guy who says Mass Effect is going multi-platform even though MS owns publishing rights to the license now. His opinion means nothing at this point.
I think GTA IV will sell more than any other game released on next gen consoles. It's the typical kind of first game you pick up when buying a console. I also think it will be one of the major factors that make gamers take the jump from PS2 to next gen.
It's hard to tell how well this game will sell...I would say on a Worldwide....Roughly 2 million on the PS3 and about 3.5 million on the 360...
No matter what, this game will sell. Everyone agrees.