Grand Theft Auto 4 Has $500 Million First Week

May 7, 2008 2:41 AM

Take-Two Interactive today announced that Rockstar's Grand Theft Auto 4 has done a whopping $500 million in sales since the game's release last week. Some 6 million copies of the game have been sold worldwide, 3.6 million of those coming in just the first day. Although the numbers exceed industry predictions, Take-Two was confident about selling six million copies before launch.

The news should help Take-Two in its efforts to thwart Electronic Arts' current takeover bid. EA's offer has been for $26 per share, while Take-Two's stock closed Tuesday at $26.35 and should go even higher on this news.

Maarten Goldstein

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ps2rules300

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May 7, 2008 2:54 AM

Great news. I hope EA runs away. This is only the beginning. I can't wait for Midnight Club Los Angeles to come out. It will give them even more money and there stock will go up even higher.
- ps2rules300
  
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  May 7, 2008 3:04 AM
  
  Well.. i take that back. Los Angeles was delayed again... damn, i did not see that.....
  - pimpium
    
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    May 7, 2008 4:49 AM
    
    When was it delayed and what to?
    
    I hope they are using Euphoria in it to.
    - ryuuseki
      
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      May 7, 2008 9:19 AM
      
      For cut scenes and the pedestrians you can't hit? Euphoria has nothing to do with driving physics.
- Trips
  
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  May 7, 2008 5:25 AM
  
  500 Mil....... DAMN
  - pimpium
    
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    May 7, 2008 5:36 AM
    
    Didn't they spend 100 Mil on the game?
    
    Man...
    - [deleted] 716648330
      
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      May 7, 2008 5:48 AM
      
      [deleted]
      - mittense
        
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        May 7, 2008 6:35 AM
        
        I doubt that. Most profit from movies isn't even brought in on release day. While Pirates of the Caribbean had one of the biggest openings in movie history (which, I believe, GTA4 eclipses), it still went on to make more than double that amount post-release.
- Sanct1mon1a
  
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  May 7, 2008 6:33 AM
  
  looks like EA wants to be the big dog but they just can hang with the big dogs.
- Ziz
  
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  May 7, 2008 8:40 AM
  
  I'm sure EA is happy for em.
- orangesq
  
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  May 7, 2008 9:14 AM
  
  I doubt EA cares that much about GTA or this will put them off in any way, some figure on an financial analysts site had it that by EA taking over Take2 and eliminating the sports competition they can increase sales in their own sports division by 140 million a year.
  
  GTA is the icing on the cake but it takes Rockstar years to make just one game (which will only increase as they push the envelope) while EA can pump out sports games every year reaping the profits.