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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AlbericiPosted:

Prob same with cod ghost >:|

CokesPosted:

EstablishedGaming They will loose money when people find out about there secret policy that only lets you install once per console.


Are you sure about that? If you predict they will lose money I'm sure they thought really hard about it too.

EstablishedGamingPosted:

They will loose money when people find out about there secret policy that only lets you install once per console.

ErebdraugPosted:

Gossip I dont think it will do $1 billion. A couple hundred million but a billion, really?


It will make a billion easily, it cost them around $250 million to make the game and Rockstar made that money back on pre-orders alone. Not everyone pre-orders, plus you have everyone that will buy it at Christmas instead.

-CPPosted:

GTA V > Ghosts, no matter what.

GossipPosted:

I dont think it will do $1 billion. A couple hundred million but a billion, really?

AchePosted:

I wouldn't be surprised if it topped $1 billion in the first month, its going to be another amazing game to come out, I cannot wait

highmjw13Posted:

Aggie This just proves that Video games mean a lot to a crap ton of people.


They do if they are of extremely good and extremely fun, just like all of the GTAs have been.

raefonPosted:

Shows you how a company can still be successful while staying true to their core consumers.

It should be a lesson for all the others going bust.

FavismPosted:

wow this game will break records