Major contributors to Take-Two's finances during the first quarter were Max Payne 3, NBA 2K12, Spec Ops: The Line and catalog sales in the Grand Theft Auto and Red Dead Redemption franchises. Catalog sales accounted for 26 percent of Take-Two's net revenue, up 50 percent year-over-year. Digital revenue grew 33 percent and accounted for 14 percent of this period's net revenue.
Take-Two has adjusted its fiscal year 2013 outlook slightly, expecting $1.7 - $1.8 billion by March 2013, rather than the $1.75 - $1.85 it reported in May. Take-Two still has to launch Borderlands 2, NBA 2K13 and XCOM: Enemy Unknown this fiscal year. This leaves a probable gap of $600 - $700 million in sales, considering the year runaway hit Red Dead Redemption launched Take-Two reported just $1.45 billion in revenue.
On a related note, Grand Theft Auto 5 is still categorized as "TBA" for both its platforms and launch date.
- Key specs
- Reviews • 18
- Game format Optical disc, Downloadable
- Online features Multiplayer, Voice chat, Video chat, Store, Browser
- Drive capacity 250 GB
- Controller type Wired, Wireless
- Motion controls Accelerometer, Gyroscopic
- Video outputs HDMI (v1.3), RCA / composite
- Released 2012-09-25
Microsoft Xbox One