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GTAV Coming out AFTER March 2013

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Adriaan
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#1

Posted 31 October 2012 - 11:43 AM Edited by Adriaan, 31 October 2012 - 09:18 PM.

As a result of Take-Two's downgraded revenue projections from $1.8 billion to $1.1 - $1.2 billion for the financial year ending March 31st, 2013 - it is very clear now that GTAV is coming out AFTER March 2013. Previously, they had given revenue projections that they could only have met with a major Grand Theft Auto release by March 2013. The revenue they expect is pretty much in line with their releases from Rocktsar and 2K (Max Payne 3, Borderlands 2, BioShock Infinite, NBA 2K, Rockstar Collection, Vice City for mobile etc.)

QUOTE
"Moreover, with Grand Theft Auto V slated for spring 2013, we are poised to generate substantial revenue and earnings growth in fiscal year 2014."
- Strauss Zelnick, Chairman and CEO of Take-Two.

http://ir.take2games...2068&highlight=

Fiscal year 2014 for Take-Two starts April 2013. As none of their other titles are delayed in today's fiscal update (most importantly, BioShock Infinite), expect GTAV to release somewhere between April-June of 2013.


A conference call will be held later today at 4:30 pm EST to discuss these results by the company, and answer questions from analysts.

The revenue breakdown they'll give between the two different labels should be an even bigger indication of GTAV not coming out this fiscal year.

Conference Call Ended

Update from conference:
Take-Two's Strauss Zelnick confirmed that Grand Theft Auto V is not releasing this fiscal year, ending March 31st - meaning, earliest possible release is April 2013.

The revenue split will be 25% Rockstar / 75% 2K for rest of fiscal year (just a fun fact, nothing special related to GTAV tounge.gif )

Inactive
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#2

Posted 31 October 2012 - 11:49 AM

It's planned for X360, PS3 only! Damn. Was this like for IV too?

Racecarlock
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#3

Posted 31 October 2012 - 11:50 AM

As a game developer, rockstar games is great, but as a business it's more poorly managed than a car with a drunk man at the wheel.

Francis44
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#4

Posted 31 October 2012 - 11:50 AM

That is some sh*t news.

LethalCrizzle
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#5

Posted 31 October 2012 - 11:50 AM

May 2013 has always seemed like the logical release month. Especially since Bioshock is releasing February.. Thats give them 3-4 months of bioshock sales.

Mamunda
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#6

Posted 31 October 2012 - 11:51 AM

f*ck

It will probably be April or May.

PC version Christmas 2013

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#7

Posted 31 October 2012 - 11:51 AM

At least it's been narrowed down a little.

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#8

Posted 31 October 2012 - 11:51 AM

That's good news! I'm very sorry PC gamers. confused.gif


I need GTAV for my new desktop aswell damn...

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#9

Posted 31 October 2012 - 11:52 AM

2405 could turn true afterall

krazy_fool_X
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#10

Posted 31 October 2012 - 11:52 AM

At least this narrows down the release window a little bit, although, since we learned "Spring 2013" it was always most likely going to be April or May.

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#11

Posted 31 October 2012 - 11:52 AM

Was the PC version announced at a later date? I know it came out late but what about the announcement?

r34ld34l
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#12

Posted 31 October 2012 - 11:52 AM

I want to laught at console users, because they will have to wait a month or two more for release, but then I realise PC will probaly come out 6 months after that. Damn!

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#13

Posted 31 October 2012 - 11:53 AM

Thats what ive been telling yall for a while. March is still winter. My birthday is in march i know.

lefantome
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#14

Posted 31 October 2012 - 11:54 AM

This means that GTA V has been delayed internally (probably it's not the first time) and explain why we got a generic Spring 2013.


This also confirm that R* has no strategy in releasing games in May or whatever but it always ends like that because they are delayed.

neo92boi
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#15

Posted 31 October 2012 - 11:54 AM

R*ocktober who? YOU mean R*april right?

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#16

Posted 31 October 2012 - 11:55 AM

Wow that's bullsh*t. So in other words, since TTWO was touting $1.8Billion the whole fiscal year up until this point, I think it's safe to say that yes indeed GTAV has had some internal delays. Otherwise TTWO/ R* need to seriously hire some managers with better time management skills.

Oh well, looks like my stocks are going to be f*cked now because of this. Should've known old habits die hard and R* wouldn't have completed this game on time. At least this narrows it down to April-June (probably May).

tinman187
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#17

Posted 31 October 2012 - 11:55 AM

I was thinking April the whole time. Still this all good I guess.

Above
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#18

Posted 31 October 2012 - 11:55 AM

That's good, I guess we can narrow it down to late April - late May. smile.gif

tooformay
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#19

Posted 31 October 2012 - 11:56 AM

Pullsh*t.

neo92boi
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#20

Posted 31 October 2012 - 11:58 AM

Im callin it its either gonna coincide with IV and launch on 04/29/13 or my best guess after is cinco de mayo
05/05/13

JeteaFive
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#21

Posted 31 October 2012 - 11:58 AM

sh*t i remember.
"This will be our best fiscal year ever done"
haha my ass, yeah... so the 2405 theory could be legit.

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#22

Posted 31 October 2012 - 11:59 AM

Look at all of these people getting mad.

So frikkin what, did you actually expect a March release. Get real, that's not even a good time to release, and I'd rather it be in April and May anyways. Now all of the "Marchers" can quit.

Raavi
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#23

Posted 31 October 2012 - 11:59 AM

I still see a possibility for a March release. Maybe they downgraded their estimates because there is no PC port planned. Otherwise late April early May.

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#24

Posted 31 October 2012 - 11:59 AM

GTA4 was April, so it could be the same after all. May would be pushing it, and I really hope 2405 doesn't end up meaning anything cause it seems somewhat tacky.

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#25

Posted 31 October 2012 - 11:59 AM

QUOTE (Shreddy Krueger @ Wednesday, Oct 31 2012, 11:55)
Wow that's bullsh*t. So in other words, since TTWO was touting $1.8Billion the whole fiscal year up until this point, I think it's safe to say that yes indeed GTAV has had some internal delays. Otherwise TTWO/ R* need to seriously hire some managers with better time management skills.

Oh well, looks like my stocks are going to be f*cked now because of this. Should've known old habits die hard and R* wouldn't have completed this game on time. At least this narrows it down to April-June (probably May).

In many other industries, there would be quite serious consequences for missing your targets so badly. To the point where the CEO's job would be in question.

Take2 do put big clauses about annoucnements to this effect on all their documentation. It does beg the question however why you would ever bother listening to their income projections. I would invest on release date being announced, not on what they say they will deliver in terms of money.

Francis44
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#26

Posted 31 October 2012 - 11:59 AM

I dont like their usual release date for games because they are nowhere near some sort of vacations or holidays. Late March would be perfect because easter would be around the corner.

uncut751
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#27

Posted 31 October 2012 - 11:59 AM

YAY we can expect another CRAPPY PORT in several years!

Gtaplayaminigun
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#28

Posted 31 October 2012 - 12:01 PM

Remember 2405 is still haunting us ph34r.gif It will come back soon. tounge.gif

On a side note, my motorbike's trip meter clocked exactly 2405km as I parked it at home biggrin.gif .

JeteaFive
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#29

Posted 31 October 2012 - 12:02 PM

QUOTE (Raavi @ Wednesday, Oct 31 2012, 11:59)
I still see a possibility for a March release. Maybe they downgraded their estimates because there is no PC port planned. Otherwise late April early May.

March 2013 is finally dead.

adriansell
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#30

Posted 31 October 2012 - 12:02 PM

Expected news TBH.. And I guess it stands between an April or May releas, since June, in my opinion seems a bit ''off''...

Anyhow, shouldn't this be posted in the Official News section?




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