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Take-Two Reports PS3 Biggest Revenue Generator

Kotaku writes: Sales were up at Take-Two Interactive, thanks to sales of games like Grand Theft Auto IV and Midnight Club: Los Angeles, but the publisher saw losses also increase to the tune of $15 million.

The company pointed to two other titles, NBA 2K9 and Carnival Games as leaders for the quarter, laying out its fiscal 2009 game plan. That includes two batches of Grand Theft Auto IV downloadable episodes due by October 31, 2009, one of which has already been announced and dated. The company boasted that more than 3 million games in the Carnival Games series have been shipped.

Take-Two list the PlayStation 3 as its biggest revenue generator on the publishing side, with 35% of the quarterly take. That beats out the Xbox 360, which brought in 28% of its publishing dollars, and the Wii, at 11%.

For the entire fiscal year, Take-Two brought in $1.5375 billion in revenue, with $97.1 million in net revenue. That's much better than the company's 2007, when it raked in $981.8 million, resulting in a loss of over $138 million.

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alster234790d ago

well i guess T2 joins the likes of EA, Ubisoft, Konami, and Namco Bandai. i was kinda suprised when i saw ,ore gta4s on 360 then ps3.

- Ghost of Sparta -4790d ago (Edited 4790d ago )

EA and Ubisoft have also reported that they're making more money from the PS3 but how? Microsoft lying about their total hardware sales again, I guess. That or every refurbished Xbox 360 that goes out whenever they need to repair the RROD counts as sold to retailers (or consumers).

Nathan Drake4790d ago

They've always been reporting the shipped number of consoles,that's why the actual difference between Ps3 and 360 software numbers in the US has been shrinking and shrinking even with Microsoft reporting more hardware "sales"

sonarus4790d ago

Just a question. What does hardware sales have to do with software sales?

dktxx24790d ago

More hardware - more people to buy games

- Ghost of Sparta -4790d ago (Edited 4790d ago )

More people own 360's = More software will be purchased for that platform. Or so I thought until EA and Ubisoft reported otherwise.

jaysquared4790d ago

This is a very confusing... the 360 has more user base and according to NPD sells the most games.. So kinda weird that developers are making more money on the PS3 than on the 360.

faisdotal4790d ago (Edited 4790d ago )

Well of course 360's sell more, Christmas is coming and central heating prices are going up.

*just for the lulz*

- Ghost of Sparta -4790d ago (Edited 4790d ago )

"... the 360 has more user base and according to NPD sells the most games.."

NPD only covers American hardware / software sales. Maybe when you stop believing that America is the only country in the world this will all become easier for you to understand.

faisdotal4790d ago

How about Red Dead Revolver 2 exclusive to PS3.

faisdotal4790d ago

To be honest, 360 owners only care about Gears Of War and Halo, it's why they have one.

Ridrick4790d ago

Thats why developers earning money on PS3.

caladbolg7774790d ago (Edited 4790d ago )

Sweeping generalizations aside, that's almost true.

faisdotal4790d ago (Edited 4790d ago )

It is true, the demand is so clear when both of these games sell at seriously high amount's within the first week. It's what most 360 owners really want.

/Speaking the obvious.

Kaneda4790d ago

360 sold is misleading.

a gamer - bought system twice (becoz RROD) - still 1 gamer for developer. But M$ counts as new gamer. 3 years warranty is up. So from now on 360 sold will be misleading to developer.

DaKid4790d ago

Am i the only one that noticed this is for one quarter, a quarter when they had no major releases. And on top of this people are so worried about what system made the largest revenue that we all miss they lost money for the quarter?

Danja4790d ago

Can someone tell these developers that the PS3 is a sinking ship...they need to jump out..XD *sarcasm*

I really hope SE is taking note of this trend , PS3 owners dont guy games...meh...I wanna see another Bot say

LeonSKennedy4Life4790d ago

That was hilarious...

Bubbles, my friend.

jtucker784790d ago

Maybe it's because M'soft take a bigger revenue cut.

John Carmack said they weren't going to ship rage on 3 DVDs because M'soft would take too much of their money.

Maybe devs don't have to sell as many copies of their games on PS3 to make their money back.

Just a suggestion ... I may well be completely wrong. :S

konrad4790d ago

The hardware is so good that I have to buy second xbox360, when first is in service I have to play.
Thanks God I don't have to buy two times the same game

SL1M DADDY4790d ago

When they know they can make money with it and sell games they know to make more of them for the system. What's more important is that the PS3 has a smaller install base and yet brings in more money for big companies like this. Kudos Sony for making a platform like the PS3 that is appealing to those interested in making money and great games.

Genesis54790d ago

I still can't figure out with that 8:1 attach rate the 360 has, what publishers games they are attaching to. MS must be embellishing their sales figures. This is why they don't publish hard sales figures like Sony does.

BrotherSic4790d ago

For the the period of November 1, 2007 to October 31, 2008:

360: 39%
PS3: 34%
Wii: 9%
PS2: 8%
PSP: 5%
PC: 3%
DS/GBA: 2%

Thanks to Gaf

navyguy214790d ago

Bioshock was released for PS3 this quarter, that explains the jump.

Genesis54790d ago (Edited 4790d ago )

Well it's nice to see an article where the PS3 is being bashed for a change. Last week 8 out of 10 articles were a doom and gloom article about Sony.

KnowitAll4790d ago

Jtucker is right thou.

To put things simple. The Game companies (Sony, Nintendo) charge a fee to other companies for every game sold on their consoles.

Sony charges the cheapest fee, lets say 3-4$ from every game sold. While Microsoft and Nintendo (Definately Nintendo) charge around 8-10$ (This are just estimates don't respond)

Sony's always had the cheapest fee and ironcally makes its losses from this

UltimateIdiot9114790d ago

I thought I was the only one. I could never figure out how they do those calculation. Those attachment rate does not seem to reflect in these reportings on revenue at all.
Or maybe is because 360 games drop in price a lot quicker than PS3?
Whatever the reason may be, those attachment rating are bs. It proves nothing in the end.

prowiew4790d ago

Probably something to do with the used games market.

baum4790d ago

The reason PS3 is making more revenue for 360 is because PS3 game sales in Europe beat 360 game sales. That "million" lead is not in all europe, it's basically just UK. Since the dollar is very weak against the Euro and GBP in comparison, a game sale in Europe is much better than a game sale in America.

So much for America being "the most important territory in the console war", lol. Tables are turning and the only thing Xbox fanboys can do is spread FUD and negative articles surrounding Sony and PS3, but if that didn't help the Dreamcast against PS2, it'll barely help the 360 against PS3, if it does.

tordavis4790d ago

"More hardware - more people to buy games "

Tell that to Nintendo 3rd parties.

blackpanther254790d ago (Edited 4790d ago )

yeah tell them to make better games as well (DBZ for the wii sux)

Edit: Below

Yeah a game is 60 bucks here. the last time i went to UK i thought everything was a reasonable price until i change my currency to pounds. Damn it is a big difference. I found it funny that it is the same price tag but with a different curry symbol on it. Lol i was kinda pissed when my aunt gave me 100 pounds to spend lol i had no clue it was 200 dollars lol

Sprudling4790d ago (Edited 4790d ago )

A sale in Europe is worth more than a sale in the US. With the current exchange rate the typical price for a new game is about 90$ here (Norway) now. Don't know what games cost in the US, but I imagine it's alot less than that.

twoface4790d ago

i'm sure you know that 360 and ps3 games are in equal (quality) comparison whereas most of wii games are minigames. Compare apples to apples

hitthegspot4790d ago

Yesterday.. I kept hearing "kotaku hates the PS3", "kotaku never posts any positive news about the PS3", "kotaku", "kotaku", "kotaku"...

Well there you have it kotaku posted some positive news about the PS3 software sales. However we are now in Q4 and so far for the year the 360 is still selling more software from Take 2. 39% more as of October 31St. It will be great to see how the year turns out.

xwabbit4790d ago

Well there are a lot of xbox users who have over 2 xbox's in there possession lol. My friend has 4 xbox's, the smart one keeps buying another when one dies. So a lot of the same people buy more than 1 xbox cus their first one breaks.

na2ru14790d ago

still with a big smile :D

40cal4790d ago

All of these publishers reporting higher revenue earned on the PS3 can only be good for future 3rd party support/ exclusives.

IdleLeeSiuLung4790d ago

This is one of them 360 fanboy articles from the 360 fanboys at Kotaku again /sarcasm.

TheSadTruth4789d ago

Tell me, why are there no multiplatform PS3 games besides GTA4 that sold over 1 million units?

PlayStation 3 games that have sold or shipped at least one million copies.

* MotorStorm (3.31 million)[186]
* Metal Gear Solid 4: Guns of the Patriots (3 million shipped)[187]
* Resistance: Fall of Man (2.5 million)[188]
* Grand Theft Auto IV (2.139 million approximately: 1.4 million in US,[189][24] 570,000 in UK,[25] 169,000 in Japan)[190]
* Gran Turismo 5 Prologue (1.926 million approximately: 1.5 million in Europe,[191] 202,131 in Japan,[192] 224,000 in US;[193] 2.37 million shipped)[132]
* Uncharted: Drake's Fortune (1.2 million)[194][dead link]
* Heavenly Sword (1 million)[195]
* MotorStorm: Pacific Rift (1 million)[196]
* Ratchet & Clank Future: Tools of Destruction (1 million)[197]

Total PlayStation 3 games sold as of June 30, 2008: 94 million.[198]

* Halo 3 (8.1 million)[22]
* Gears of War (4.7 million,[23] may include PC version)
* Grand Theft Auto IV (3.484 million approximately: 2.7 million in US,[24] 750,000 in UK,[25] 34,000 in Japan)[26]
* Call of Duty 4: Modern Warfare (3.172 million approximately: 3.04 million in US,[27] 78,000 in Canada,[28] 53,501 in Japan)[29]
* Gears of War 2 (3 million)[30]
* Forza Motorsport 2 (2.274 million approximately: 2.23 million in US,[19] 31,255 in Japan,[29] 12,600 in Canada)[31]
* Marvel: Ultimate Alliance (2.08 million in US)[19]
* Guitar Hero II (2 million in North America and Western Europe)[32]
* Saints Row (2 million)[33]
* Assassin's Creed (1.985 million approximately: 1.87 million in US,[27] 60,000 in Canada,[28] 55,041 in Japan)[29]
* Madden NFL 07 (1.72 million in US)[19]
* Mass Effect (1.6 million)[22]
* The Elder Scrolls IV: Oblivion (1.562 million approximately: 1.49 million in US,[19] 72,274 in Japan)[29]
* Madden NFL 08 (1.51 million in US)[19]
* Crackdown (1.5 million)[34]
* Fable II (1.5 million)[35]
* Perfect Dark Zero (1.5 million)[36]
* Lost Planet: Extreme Condition (1.5 million)[37]
* Call of Duty: World at War (1.41 million in US)[38]
* Call of Duty 2 (1.4 million)[39]
* Dead Rising (1.4 million)[37]
* Guitar Hero III: Legends of Rock (1.352 million approximately: 1.32 million in US,[19] 32,000 in Canada)[28]
* Tom Clancy's Rainbow Six: Vegas (1.291 million approximately: 1.27 million in US,[19] 18,592 and 2,731 Platinum Collection version in Japan)[29]
* Call of Duty 3 (1.234 million approximately: 1.22 million in US,[19] 14,194 in Japan)[29]
* Tom Clancy's Ghost Recon Advanced Warfighter (1.211 million approximately: 1.2 million in US,[40] 8,903 and 1,622 Platinum Collection version in Japan)[29]
* Fight Night Round 3 (1.15 million in US)[19]
* Dead or Alive 4 (1 million)[41]
* Geometry Wars (1 million)[42]
* Madden NFL 09 (1 million in US)[43]
* Ninja Gaiden II (1 million)[44]
* The Orange Box (at least 1 million)[45]
* Tom Clancy's Ghost Recon Advanced Warfighter 2 (1 million)[46]
* Uno (1 million)[47]
* Viva Piñata (1 million)[48]

+ Show (38) more repliesLast reply 4789d ago
eagle214790d ago

Playstation 3 is healthier than ever and 2008 is indeed the year of PS3. PS3 owners are buying more software across all publishers, 360 owners are not buying enough games period. The RROD is affecting 360 gamers purchases after all and it seems it's why this vicious Sony attack is occuring: to cover it up.

eagle214790d ago

360 owners buy more of the same games, probably exclusive to their console. You can't spin these facts reported by Take-Two. I guess Ubisoft will be next.

Narutone664790d ago

Xbox 360 games are so easily pirated. Just look at the torrent sites.

UltimateIdiot9114790d ago

Ubisoft already reported earning the most from PS3.

Megatron084790d ago

And of course your point is completely wrong konami released a single game on the 360 its no surprised that they made more on the ps3. Especially given that mgs4 is only on the ps3. Take-Two also released more games on the ps3 this year. Last year they released more on the 360 and big surprise last year they made more on the 360. As for EA they release trash so I guess that just means ps3 owners have poor taste in games

twoface4790d ago

but why did this publishers publish more games on ps3?

JHUX4790d ago

EA publised Deadspace I believe, which was from from trash. Although there sports games are trash.

+ Show (3) more repliesLast reply 4790d ago
Breakfast4790d ago

....that picture doesnt make sense.

That leg is just in a weird position.

Ariexv4790d ago

wow you guys are retarded, the EA numbers were fake, 360 made EA more money then Ps3 + psp + ps2 + Wii combined. As for take two numbers it's because Bioshock Ps3 just came out.

rucky4790d ago

Link for the EA comment?

Bathyj4790d ago (Edited 4790d ago )

Look out !! Your pants are on fire.

And what about Ubi, Konami, and Activision was it if I remember right.

JD_Shadow4790d ago

Keep making excuses, dude. I'm sure SOMETHING will stick to that wall of your's.

BattleAxe4790d ago

Didn't Activision also say that the PS3 generated more revenue for them aswell?

+ Show (1) more replyLast reply 4790d ago
rebirthofcaos4790d ago

bu bu bu... how is that possible the 360 is selling more... ;_;


Ariexv4790d ago

Bioshock(ps3) if you look @ the year-long revenues 360 wins easily.

Xlll4790d ago

@Ari thats a lame excuse and a poor attempt to spin this story.

ultimolu4790d ago

Stop breakdancing on the news.
It is what it is.

GiantEnemyCrab4790d ago

Yeah Ariex stop telling the truth and putting things in perspective.

This is for the current quarter and the PS3 had Bioshock which is why they earned more. Simple stuff.

LeonSKennedy4Life4790d ago (Edited 4790d ago )

{Bioshock PS3 Release Date - Oct. 24th, 2008)

PS3 Release Dates:
Dead Space Release Date - Oct. 31st, 2008
Fallout 3 Release Date - Oct. 28th, 2008
Guitar Hero:WT Release Date - Oct. 26th, 2008
LittleBigPlanet Release Date - Oct. 28th, 2008
Midnight Club: LA Release Date - Oct. 24th, 2008
Resistance 2 Release Date - Nov. 2nd, 2008
Saints Row 2 Release Date - Oct. 14th, 2008
Socome: Confrontation Release Date - Oct. 14th, 2008
Valkyria Chronicles Release Date - Oct. 31st, 2008
Motorstorm: PR Release Date - Oct. 28th, 2008
FarCry 2 Release Date - Oct. 21st, 2008

{Bioshock 360 Release Date - August 21st, 2007)

360 Release Dates:
Blue Dragon Release Date - August 28th, 2007
Madden 08 Release Date - August 14th, 2007

Tell me how THAT is a fair comparison, kid! I think that the smaller install-base makes it almost fair...and that's ALMOST!

+ Show (2) more repliesLast reply 4790d ago