GTA V Predicted To Sell 18 Million Copies, Take-Two Expects Minimal Next-Gen Budget Growth

Grand Theft Auto 5 is going to sell well this September 17 – really well. Okay, we already know that. But, how well?

According to Sterne Agee analyst Arvind Bhatia, GTA V will do 18 million units well. Throughout Take-Two’s fiscal year of April 1, 2013 through March 31, 2014, Bhatia expects GTA V to sell 18 million units and earn roughly $230 million in operating profit.

According to Bhatia’s “hypothetical profitability model” – based on a five-year project using a team of 250 people – development costs of GTA V will have reached $137.5 million with the addition of between $69 million and $109.3 million in marketing costs.

If Take-Two can manage sales in the region of 25 million copies, something that would require additional marketing costs, they could generate an operating profit of up to $390.8 million, according to Bhatia.

With numbers like these, the only other title that could possibly rival GTA V in terms of sales would be Activision’s “Call of Duty: Modern Warfare 4,” expectedly releasing in the Fall of 2013.

Despite the inevitability of the arrival of next-generation consoles, GTA V is still expected to do well. Bhatia says, “This is a long-awaited title that consumers are unlikely to pass up and we remain bullish on our outlook for this title and for the company.” It would seem that Take-Two/Rockstar games aren’t too concerned, considering the recent move to push back GTA V’s release date in order to ensure quality of their product.

This confidence even carries over to the teams budget planning. According to Take-Two CEO Strauss Zelnick during a financial call yesterday, “We don’t have any reason to believe our development budget will change significantly [with the arrival of next-gen consoles]. If anything, we’ve become, group wide, much tighter in how we spend our money. It has been the challenge and we’ve been very focused on it. We can’t say specifically, but, no, we don’t expect to see a meaningful change in what it costs us to release these top quality products.”

It looks like Take-Two and Rockstar Games are in for a spectacular fiscal year ahead, as are gamers anxiously awaiting the return of GTA.

Sources: VideoGamer and Joystiq.

  • squadwin

    137 million?
    Doesn’t mean much, i know a game called star wars that cost 200 million, we all know where that went…
    I have faith in Rockstar but please release the PC version a bit sooner 🙁

  • 18million for a game made for wiggers & niggers. This is why I hate this generation of humans.

    • Retro

      With language like that, look who fits right in.

    • Dirtknap

      That seems a bit unfair, San Andreas has been the only GTA that fits your assessment of the entire franchise.

    • tludt888

      So Red Dead Redemption was made for inbred cowboy afficianados then?


  • aadsasdasda

    pc version plox

  • $69 million to make a game? Oh man

    • thats the marketing. the developement cost is the $137.5 mill. so the whole party for the publisher will cost at least $200 mill.

      • nope read again the 69 is the game

        • Nikez

          Marketing costs $69 – ¤109.3 million. Development costs $137.5 million.

  • Brandon

    I highly doubt it if the Next Gen consoles are announced this year.

    • John Doe

      They will be announced but i highly doubt neither of them will release this year with all the amazing games coming out.

      • Zwabber046

        really funny to see this post after conference of sony

  • Jamic

    I think this statement is slightly bold

    Not saying that GTA series doesnt have selling potential, just that they lwft PC version out and now they expect huge sales seem unrealistic.

    Even sloppy PC port could bring 10-25% more proffit EASILY and portting operation wouldnt be awfully time consuming.

    • dude they can tell from the pre-order to man evan tho they never said that in the statmeant above

  • Zwabber046

    so actually what they are saying is that it will be a next-gen console release? or also this gen

  • guy

    Uhm, MW4, wtf, is it already official that that is the next cod game?

  • Need more to do

    I am exited about this game but they need to make a game that holds up better in time. I mean GTA4 was good but has anybody really played it lately. The graphics are crap, the controls are crap, and there is no checkpoint system. And to top it off the world itself is really boring. Sure it was amazing the day it came out but sadly it does not age well. True classics you can play over and over like Bioshock or Half life 2. I cannot remember the last Rockstar game i have played through more than 2 times. They just get boring if your like me and complete everything the first time.

    • UnknownUser28

      San Andreas, Red Dead Redemption.

      • One

        San Andreas yes is a classic. Red Dead is about like GTA4 once you play through the storyline and do eveything there is not much to do once your done.

  • zach

    i doubt it.
    activision would need a real ace up their sleeve to buy another modern warfare.
    GTA will be this years best seller, although way overrated.

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