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Grand Theft Auto IV sales exceed expectations

Posted in News by Darrin Olson on May 7th, 2008

Grand Theft Auto IV sales exceed expectations on first weekAccording to a report in the NYT, Grand Theft Auto IV reached sales of over $500 million in its first seven days on the market. Take Two Interactive said the game sold approximately 6 million copies worldwide since its launch last Tuesday.

The numbers significantly exceeded expectations of many analysts who expected to see around 5 million copies sold in the first two weeks. Take Two also stated that 3.6 million of those copies were sold the first day of the launch globally for around $310 million in sales. This number even exceeds the numbers we saw for the Halo 3 launch for both first day and first week sales.

Grand Theft Auto IV launches big

Posted in Games by Darrin Olson on April 29th, 2008

Grand Theft Auto IV launchGrand Theft Auto IV went on sale worldwide today and many retailers such as Best Buy and GameStop opened their doors at midnight last night to meet fans across the country who created long lines to be one of the first to get their hands on a copy and spend the rest of the night playing. The GTA 4 launch from Take Two is expected to see sales that will rival that of last year’s Halo 3 release, with numbers nearing $400 million for around 6 million copies sold around the world.

The Grand Theft Auto 4 game is available for both the Sony Playstation 3 and the XBox 360 which greatly broadens the audience. Some speculate that the launch delay from last October also allowed more people to have time to buy the latest generation of game console and built more anticipation for the launch. Take Two says the delay was due to technical hurdles that needed to be overcome.

Take-Two Interactive laughs and farts in the general direction of EA

Posted in EA by Shane McGlaun on March 26th, 2008

I fart in your general directionNot too long ago EA offered to buy Take-Two Interactive. Take-Two is well known as the publisher of some of the most popular and controversial games to be found for console and PC gaming systems. Take-Two is the publisher behind the Grand Theft Auto series, Bioshock, and Manhunt.

EA offered to buy Take-Two Interactive for a paltry $26 per share. I say paltry because Take-Two stock has been commonly trading for slightly more than the $26 offer. Take-Two recommended to its stockholders that they turn down the EA offer as inadequate.