GTA 5 sales to top $1 billion in first month, analyst predicts

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Grand Theft Auto 5 is obviously going to sell like hotcakes; Robert W. Baird analyst Colin Sebastian has predicted it will sell like a whopping $1 billion worth of them in its first 30 days.

Sales of Rockstar’s latest will outpace GTA 4, the analyst said in a note to investors reported by Gamespot.

“Given the significantly higher installed base of relevant console platforms at launch, greater sales concentration among the top video game franchises, and unprecedented pentup demand, we expect GTA 5 to outpace GTA 4 sales, and generate roughly $1 billion in retail sales during the first month,” he said.

GTA 4 shipped 11 million units in the first month following its April 2008 launch, and has so far shipped 25 million copies. It’s worth remembering that Call of Duty regularly manages lifetime sales of over 20 million units with annual releases – can GTA blow that out of the water after five years rest?

Grand Theft Auto 5 is available now on PlayStation 3 and Xbox 360. PC and PS4 releases have been rumoured after an alleged source code leak.

Posted:
Related Forum: Grand Theft Auto Forum

Source: http://www.vg247.com/2013/09/16/gta-5-sales-to-top-1-billion-in-first-month-analyst-predicts/

Comments

"GTA 5 sales to top $1 billion in first month, analyst predicts" :: Login/Create an Account :: 54 comments

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MultitaskPosted:

there is going to be more sales when next gen comes up!

JPEGPosted:

I dont doubt that one bit, it has been an awesome game for the last 12 hours I have played it :D

MaggardoPosted:

This wouldn't surprise me one bit!

TristanaPosted:

That is a lot of money.. But I kinda felt it would make money very fast.

SwiftPosted:

I was anticipating this happening.

MonokumaPosted:

Kinda expected to see this happen

Michael1321Posted:

Can definitely see this happening

DinePosted:

This game is so amazing I can see this happening.

RaciPosted:

Dr-Ponyfile It will break records and good for Rockstar if they do Grand Theft Auto 5 is a great game and it will keep me entertained for a long time yet and its only 2 weeks until the Multiplayer comes out :D.


I know 100 hrs of gameplay and then the multiplayer comes out in 2 weeks! Can't wait it's gonna be

Legend- wait for it - Dary

RaciPosted:

The start of the campaign is amazing ... Can't wait to play more :)