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/

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

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Corn_DogPosted:

more like first day bub, a billion in digital content in the first month maybe

-SkillzPosted:

That is freaking crazy!
It will hit 1 billion by next week probably

Dr-PonyfilePosted:

Lightyear
McCutchen It's already at $800 million, I won't be surprised if it gets almost $2 billion.


2 billion is a bit to much I think considering alot of people already bought it or are waiting for the holidays.


Im expecting around 2 billion in its first month, around 3-4 billion overall thats a hefty profit margin considering they only spent $270 million making the game lol.

MentalistPosted:

McCutchen It's already at $800 million, I won't be surprised if it gets almost $2 billion.


2 billion is a bit to much I think considering alot of people already bought it or are waiting for the holidays.

MentalistPosted:

CHP more like first week! 800 million in 2 days! dang!


I know right! It's insane, they'll reach 1 billion in the first week for sure.

Dr-PonyfilePosted:

CHP more like first week! 800 million in 2 days! dang!


This is just typical though, Rockstar worked hard on GTA V and whatever amount of money they make they deserve in my books not like other developers etc.

CHPPosted:

more like first week! 800 million in 2 days! dang!

gmlukensPosted:

McCutchen It's already at $800 million, I won't be surprised if it gets almost $2 billion.


Idk about 2 billion, but 1 billion shouldnt be a problem

PlusnetPosted:

It's already at $800 million, I won't be surprised if it gets almost $2 billion.

Dr-PonyfilePosted:

ShadowBoltDashie
Konviicted
Gotta_Have_It Good prediction, I wouldn't be surprised if it gets very close to $1 billion.


It made over $800 million in 24 hours. I think its safe to say it will make well over $1 billion haha.


Probably within the first week or 10 days it might reach over $1 billion. I don't see them needing a whole month to reach $1 billion.


Overall I can see them making around 2.5 billion to 3 billion on overall sales that is fantastic considering they only spent $270 million on actually making the game.


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