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THE BUZZ: GameStop has revealed that it doesn’t expect Grand Theft Auto V to launch this year.

President Tony Bartel said that the 2012 forecasts for the company took into account several major games including Borderlands 2, Halo 4, Assassin’s Creed III, Resident Evil 6 and the next Call of Duty title, but they could not include Grand Theft Auto V due to not being certain on a release date.

“In terms of GTAV, we don’t have information that we can share at this point so we have not put that into our forecast. We would adjust our estimate if we had knowledge that GTA was coming out [in 2012],” he told investors in an earnings call.

EGM’s TAKE: This makes sense from a business standpoint, as it would be misleading investors to include a game that may not make 2012 in an earnings forecast. Rockstar is still keeping tight lipped about a release date. We believe it is lining up for a massive reveal at E3 later this year. It makes sense that one of the most anticipated games takes to the biggest stage in video gaming for its official unveiling.

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About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89

GameStop Not Expecting Grand Theft Auto V This Year

GameStop has revealed that it doesn't expect Grand Theft Auto V to launch this year.

By Matthew Bennett | 03/23/2012 09:12 AM PT

News

THE BUZZ: GameStop has revealed that it doesn’t expect Grand Theft Auto V to launch this year.

President Tony Bartel said that the 2012 forecasts for the company took into account several major games including Borderlands 2, Halo 4, Assassin’s Creed III, Resident Evil 6 and the next Call of Duty title, but they could not include Grand Theft Auto V due to not being certain on a release date.

“In terms of GTAV, we don’t have information that we can share at this point so we have not put that into our forecast. We would adjust our estimate if we had knowledge that GTA was coming out [in 2012],” he told investors in an earnings call.

EGM’s TAKE: This makes sense from a business standpoint, as it would be misleading investors to include a game that may not make 2012 in an earnings forecast. Rockstar is still keeping tight lipped about a release date. We believe it is lining up for a massive reveal at E3 later this year. It makes sense that one of the most anticipated games takes to the biggest stage in video gaming for its official unveiling.

0   POINTS
0   POINTS



About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89