|GTA V jumps Take-Two shares, 'could sell 25m' says analyst|
|Posted: 26.10.2011 12:46 by Simon Priest||Comments: 1|
The announcement of Grand Theft Auto V by Rockstar Games has Take-Two shares looking almost 6 percent more healthy. Will the trailer reveal a retail date?
Analyst Arvind Bhatia believes it will "be positive for the shares" if they date GTA V when November 2nd's trailer goes live. Will it clear 25 million sales?
Sterne Agee's Arvind Bhatia is quite confident the next major Grand Theft Auto on its way will hit the 25 million milestone, bringing it on par with Activision's Call of Duty: Black Ops and moving four million copies more than GTA IV managed.
"Still, if Rockstar announces the official release date for the title, in conjunction with the release of the trailer, we think it will be positive for the shares," said Bhatia.
Rockstar meanwhile has updated their rather sparse GTA V teaser page for the trailer with the traditional, and painful, countdown timer for November 2nd. The question is will Grand Theft Auto V be a timed console exclusive or will it head for PC at the same time?
Rumours are strong that GTA V is set in either Los Angeles or a parody of it, like San Andreas' Los Santos. A source apparently close to Rockstar has also said that it will feature multiple protagonists, much like GTA IV and Episodes from Liberty City.