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Analysts: Take-Two Impresses With Red Dead, But Timeliness Concerns Remain

Take-Two surprised industry onlookers with the blockbuster performance of Rockstar San Diego's Red Dead Redemption, which has already shipped five million units, but analysts from research firms Wedbush and Cowen remain skeptical of the publisher's ability to ship its games when it says it will.

Red Dead Redemption's strong opening is particularly significant "because it lessens Take-Two’s dependence on Grand Theft Auto for its overall success," according to Wedbush's Michael Pachter and Edward Woo. That's all the more important because of "the slight disappointment from BioShock 2, which faded quickly after a strong debut," they added.

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