The lights are on
Yesterday, Rockstar announced a spring release time frame for Grand Theft Auto V. Of course, this is intentionally vague, but industry analyst Colin Sebastian thinks he has a more precise release period for the game.
In a brief email summarizing Rockstar parent company Take-Two's recent financial reporting, Baird Equity Research analyst Sebastian says that the fact that Take-Two has shifted almost $600 million in revenues from this fiscal year to the next points to Grand Theft Auto V coming out after the company's current fiscal year ends in March 2013. Sebastian expects the game to come out in May.
Sebastian predicts Rockstar will ship at least 20 million units of the game through the end of 2013.
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