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Rockstar says GTA IV still on track for October despite delay rumors

Dela @ Jun 06, 2007 09:15

Rockstar says that Grand Theft Auto IV is still scheduled to be release in "late October", despite rumors circulating that the title will be delayed due to the release of Halo 3 just a couple of weeks earlier. Halo 3 is scheduled to be released on September 26th and GTA IV is set for October 16th in the U.S. and October 19th in Europe.

Wedbush Morgan's Michael Pachter speculated that Take-Two, Rockstar's parent company, may push back GTA4 to avoid competing for sales with Halo 3. "We believe that it is possible that the company will choose to 'throw in the towel' on FY:07 by shifting the release date for Grand Theft Auto IV by a few weeks, increasing the losses incurred this year and improving the company's prospects for FY:08," Pachter said.

He added: "We believe that a two-week delay would provide a reasonable gap between the launch of Halo 3 and the launch of GTA IV, and would actually help sales of both games. In addition, a delay of the 'normal' SKU for GTA IV by two or three weeks could allow Take-Two to maximize revenues from the $89.99 Collector's Edition of the game by shipping that SKU on October 17, and to increase overall profitability."

Both Halo 3 and GTA IV are expected to have enormous success when they are launched.



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