GTA 5 2012 release still a possibility

By Posted 18 Jan 2012, 14:37

Recently we told you about rumors that were suggesting that the next Grand Theft Auto title won’t be releasing until next year. These claims were somewhat strengthened with yesterdays news that Max Payne 3 had been pushed back a couple of months. Now there is news that a GTA 5 2012 release is still a possibility.

Take-Two seems to like the month of May as two years ago the Red Dead Redemption release during that month saw some big sales. According to GameInformer in only a few weeks the game had shifted five million copies, and by the end of August had reached the eleven million mark, and meant that games can do well even when not released during the holiday season.

With Max Payne 3 being delayed to May means Take-Two is likely to report a loss for the fiscal year of 2012. It also may mean the company doesn’t have a lot of room for the release of GTA 5 this year. But Mike Hickey analyst at National Alliance Capital Markets believes the game could still see a release this year.

Hickey said it is highly unlikely that Rockstar Games will release both GTA 5 and Max Payne 3 during May. The analyst now expects GTA 5 to launch in the second half of the company’s 2013 fiscal year that covers September 2012 to March 2013.

Meanwhile Michael Pachter of Wedbush Morgan Securities believes the game will go up against this year’s big holiday releases, and feels the game “would benefit from giving Call of Duty some breathing room.”

Despite this Take-Two does like to release its big games in May, and could still mean the game being released next year. Do you hope GTA 5 releases this year?

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  • http://twitter.com/dry_oatmeal dry oatmeal

    Michael Pachter, professional guesser.

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