Posted on October 31, 2012 AT 11:10am
Earlier today, Take-Two Interactive released their earnings report for the previous quarter, hinting that Grand Theft Auto V is unlikely to hit until after their fiscal year ends on March 31st, 2013.
In the report, Take-Two revised their revenue estimates for this fiscal year to $1.15 billion, down from $1.8 billion back in July. While it’s far from certain, the most likely culprit is that Grand Theft Auto V‘s planned launch will likely come during fiscal year 2014, which kicks off April 1st.
This interpretation is supported further by the wording in another section of the press release. ”Moreover, with Grand Theft Auto V slated for spring 2013, we are poised to generate substantial revenue and earnings growth in fiscal year 2014,” the report reads.
Unless GTA V launches after or just before that March 31st deadline, it’s unlikely—but not impossible—that Take-Two would want to single out fiscal year 2014 as they have.
With next spring rapidly approaching, you can expect to hear a whole lot more about GTA V in the very near future, concrete release date included.
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