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2K Rebuffs Pachter Prediction, Says Mafia II Will Be Profitable

by Matt Bertz on Sep 03, 2010 at 06:50 AM

Earlier this week Wedbush Morgan analyst Michael Pachter predicted Mafia II would have a hard time achieving profitability. Today during an earnings call, Take-Two CEO Ben Feder rebuffed those claims.

"Based upon the initial launch, we expect this to be another profitable title for Take-Two," Feder said. While Feder didn't reveal any hard evidence in terms of the early sales data, his confidence is a promising sign. Mafia II released on August to 24 to mixed reviews, though we enjoyed the game. Check out the game yourself by downloading the demo on Xbox Live or PlayStation Network.