Take-Two Interactive Software Inc. stands to earn nearly $2 billion helped by sales of its next installment of “Grand Theft Auto.” The series collectively has sold about 375 million units and brought in about $7.7 billion in revenue since 2013's GTA5.
Take-Two Interactive Software Inc. stands to earn nearly $2 billion helped by sales of its next installment of “Grand Theft Auto,” a Goldman Sachs analyst estimated Thursday, and shares outperformed the broader market.
“Given that the estimated budget was an input based on a press article from this incident , we flex that variable up and down as well as unit sales in order to assess various EPS outcomes based on those two components,” Sheridan said. With an expected $70 list price and microtransactions from the online game, Sheridan expects about $327 million annual operating profit from unit sales and about $372 million of operating profit from microtransactions, or about $699 million total based on about 170 million units over nine years like “GTA5,” a 75/25 digital versus physical split in sales, about $125 in annual player transactions and about a $2 billion estimated budget.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kershaw, Dodgers beat Rockies 6-1 for 111th victoryLET’S GO DODGERS! The Dodgers finished the regular season with their 111th victory to become the National League's winningest team in more than a century
Read more »
Man Convicted of Knifepoint Rapes in San Diego Gets Nearly Two Decades in PrisonSeth Alan Roberts, 22, was convicted by a jury earlier this year of seven felony counts, including two forcible rape counts, for a pair of assaults that occurred about a week apart in Pacific Beach and Otay Mesa, when Roberts was 18 years old.
Read more »
American tourist demands to see pope, smashes two sculptures at VaticanThe tourist was handed over to Italian authorities after the sculptures were hurled to the ground in the Museo Chiaramonti, part of the Vatican.
Read more »
Two Russians flee to Alaska by small boat and ask for asylumTwo Russian nationals sought asylum in Alaska on Tuesday when they landed by boat on St. Lawrence Island, leaving lawmakers from the state asking the federal government for extra support in case more Russians flee to Alaska amid Putin's military call-up.
Read more »