Analyst: Grand Theft Auto V Will “Likely” Release Fiscal 2012
Grand Theft Auto IV was the largest entertainment launch of its time (with the accolade now of course belonging to the Call of Duty series). To date, the game had sold a cumulative 15 million units worldwide, with the franchise being one of the largest in the gaming industry. So the question now begs: when is the next GTA going to see a release? 2012, according to Janco Partners analyst Mike Hickey.
Hickey believes it’s “likely” publisher Take-Two will release the next iteration in the popular GTA franchise during its financial 2012, which begins from April 2012 until March 2013. Hickey added GTA V could potentially sell a total of 16 million copies and generate $750 million in sales. The analyst stated:
“The PS3 / 360 US installed base was 14 million in April ’08 when GTA IV was released. By the end of calendar year ’10, we are modeling for 41 million U.S. units, up 185 percent; providing a significantly larger addressable market.”
For April 2011 through to March 2011, T2 will see the highly anticipated releases of titles such as Max Payne 3 and L.A. Noire, both of which will dramatically help the company’s earnings during that time, Hickey’s said.
Even though it hasn’t been officially announced, is there really a shadow of a doubt that a new GTA game has been in production for years? When do you expect Grand Theft Auto V to be released? Share your thoughts via the comment section below.