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Send to email | How To Score GTA IV (TTWO) in SNEERTSTTWOMSFT | By Silicon el 28-Apr-2008 |
GTA IV: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
Perhaps you've heard: A video game called Grand Theft Auto IV comes out tomorrow. Game critics (yup, they exist) are already extolling the game as the year's best, and the New York Times' game critic (yup, the NYT has several), who says he has spent 60 hours (!) playing the game in a Manhattan hotel room (!), calls the game the best in the GTA franchise.
So GTA is going to sell just fine. The question: Will it sell well enough to save publisher Take-Two (TTWO) from being taken over by EA (ERTS) at $25.74/share?
TTWO chairman Strauss Zelnick seems to think so: He's argued for months once investors see how well the game sells, they'll bid up TTWO shares and force EA to up its offer. We don't think so: We think GTA sales are already built into the share price. But if the game blows away expectations, that might change. Here's what analysts are predicting:
- Michael Pachter, Wedbush Morgan: 6 million shipped in first week, 9 million for 2008
- Ben Schachter, UBS: 6-8 million in first week, 10.5 million for the year
- Mike Hickey, Janco Partners: 5.8 million in first week
- Daniel Ernst, Hudson Square: 13 million in 2008
If TTWO sells 6 million games in the first week, that will translate into about $360 million in retail sales. Microsoft's (MSFT) Halo 3 did $300 million in its first week in late September, but that game was only released for the Xbox 360, whereas GTA IV is coming out for both the PS3 (SNE) and Xbox 360. When should we expect to see sales numbers? Microsoft released Halo numbers for the first week 9 days after the game came out; if TTWO uses the same schedule we should see results around May 8.

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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| 360 GTA IV Is Region-Locked [Gta Iv] | | This won't be terribly useful to Americans or PS3 owners, but anyone in Europe looking to score a cheap imported copy of GTA IV (or anyone in Australia looking to score the uncensored American version) should know tha [..] Read complete article |  | Published 29-Apr-2008 by Luke Plunkett in AustraliaEuropegrand theft auto IVGta IvNewpalRockstarTake-TwoXbox 360 Read 6 times. More hits in ![Images about 360 GTA IV Is Region-Locked [Gta Iv]](./images/photo.gif) |
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 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| MGS4 receives 'perfect' score from Famitsu | Filed under: Sony PlayStation 3, Action
Japanese games mag giant Famitsu has rated Metal Gear Solid 4 and bestowed it with its highest honor: a score of 40/40. MGS4 is the first PS3 tit [..] Read complete article |  | Published 05-Jun-2008 by Randy Nelson in famitsuhideo-kojimakojima-productionskonamimgs4reviews Read 0 times. More hits in  |
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| Does Take-Two Have Other Suitors? (TTWO, ERTS) | Take-Two (TTWO) predictably rejected Electronic Arts' (ERTS) $25.74 per share bid for the company once again, after EA extended the deadline for the bid, once again. But TTWO chairman Strauss Zelnick's had one interesting nugget in his statement:
[..] Read complete article |  | Published 19-May-2008 by Silicon in ERTSTTWO Read 5 times. More hits in  |
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