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Take-Two beware: analyst warns of struggle for profits |
Listed in: Wii, PS3, Xbox 360, PC Gaming Tags: 2K Sports, Firaxis Games, Michael Pachter, Take-Two Interactive
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Analyst Michael Pachter of Wedbush Morgan Securities believes that even Grand Theft Auto IV can't carry Take-Two Interactive into the happy land of rolling in dinero, reports GamesIndustry. The GTA series is Take-Two's best performer in the company's portfolio, but the fourth console title in the series will have to contend with another powerhouse when it launches later this year, Pachter warns: Halo 3."In our view, Xbox 360 owners who choose to buy only one of the two games at launch will opt to buy Halo 3 first, because of its well-developed online gameplay and fiercely loyal fan base," he says.
Neither does Wedbush Morgan believe that Take-Two's other titles and studios, including its sports lineup (2K Sports), and Sid Meier's little outfit, Firaxis Games (responsible for Pirates! and Civilization, among others), can help pad the company's bottom line. "We think that the company's strategy over the last two years has been unsound, as it appears to us to have chased revenues from any source without regard to the profit potential of the game."
Then there are those corporate investigations. Uh-oh. Pachter's advice to investors: SELL. People with money won't be too happy to fund future Take-Two projects at this rate. Take-Two won't be happy to hear this, either.
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GTA FTW!!!
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around the same time and GTA outsold it
this guy is sure retarted
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'Halo 2' clears record $125 million in first day
"The software giant on Wednesday reported sales of 2.38 million units for the game in the 24 hours since it went on sale in the United States and Canada at 12:01 a.m. Tuesday.
With the standard version of the game priced at $50 and the deluxe edition going for $55, the $125 million tally handily beat the $100 million first-day haul Microsoft Vice President Peter Moore predicted earlier in the week.
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The game's $125 million opening day lives up to Microsoft predictions that "Halo 2" would eclipse even the biggest Hollywood openings. "Spider-Man" holds the record for biggest opening weekend box office take, raking in a comparatively paltry $114 million over three days."
http://news.com.com/Halo+2+clears+record+125+million+in+first+day/2100-1043_3-5447379.html
There is no doubt both games are going to sell well.
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i dont give a f#$k which one is better coz we (I) will end up buying both anyway!!
Thou if both on the same day, GTA4 all the way
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