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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TaigaAisakaPosted:

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.

KonviictedPosted:

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.

TehHamburgerPosted:

Raci
ZENU96 1 billion for a game, that's insane! i would not doubt it though, it took them 5 years to make another game so it's worth it.


It also took them about 125,000,000$ to make the game.


Actually 325 million, more than any movie ever except pirates of the Caribbean 3

BigRedMachinePosted:

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

CutPosted:

GTA is just such an amazing game and all the sales are well deserved.

WageringPosted:

If they reach that, I wouldn't be surprised.

SportingPosted:

I guess that is an accurate prediction.

KillzonedPosted:

Yeah, i heard something like 1.8 million pre-orders.. Not including the people that are just going to buy it... That's crazy though..

SIKSPosted:

1 billion for a game, that's insane! i would not doubt it though, it took them 5 years to make another game so it's worth it.

MultitaskPosted:

-Ghosty :O Rockstar are going to be absolutely loaded! I bet everyone that works there is over the moon


haha yeah it took 256 million but they got 1 billion out of it !