Recent iterations in the Grand Theft Auto series have been selling like hotcakes, a trend which analysts think will continue. Sterne Agee analyst Arvind Bhatia has released a note to investors, in which he he states that he expects Grand Theft Auto V to ship some 14 million copies – at launch.
For a comparison, Grand Theft Auto IV only sold a paltry 13 million copies in its first year on shelves. Bhatia believes that with Max Payne 3 being the only Rockstar title released in 2012, it is “all but a given” that parent company Take-Two Interactive will be launching GTAV before March 31, 2013, the end of their fiscal year.
The game’s impending release has done wonders for Take-Two’s financial projections. In their previous fiscal year, the company posted total revenues of $825.8 million. In what is most likely thanks to a possible release of GTAV, Take-Two has predicted revenues between $1.75-1.85 billion for their current fiscal year.