MishoM 2 Report post Posted March 12, 2008 Take-Two today posted their financial results, revealing a net loss of $38 million for their first fiscal quarter of 2008 (ended January 31st, 2008), compared to last year’s loss of $21.5 million. $16.5 million more was lost in comparison to last year sadly. Net revenue on the other hand was $240.4 million, which is a decrease from last year’s $277.3 million. Contributors to this year’s revenue were BioShock, the 2K Sports franchises, and of course, the Grand Theft Auto series. Obviously, Take-Two went on to predict next quarter’s results would be much improved, since quite possibly their biggest game, GTA IV, will be released. One can’t help but wonder how these results will factor into the possible EA buyout, however don’t expect it to have much effect just yet, since Take-Two has gone on to say they’ll wait until after the release of GTA IV before any “talks” with EA. Share this post Link to post Share on other sites
Mike356 2 Report post Posted March 12, 2008 damn thats a lot of money but they should make up for it with IV Share this post Link to post Share on other sites
PhoenixGTA 0 Report post Posted March 12, 2008 Yeah, its the calm before the the GTA 4 storm. They will have a very,very good rest of the year I suspect. Share this post Link to post Share on other sites
tilly 1 Report post Posted March 12, 2008 Thats a little obvious, they are using all there money on the game and advertising. Expect Bully to take in much revenue? Share this post Link to post Share on other sites
Urbanoutlaw 12 Report post Posted March 14, 2008 If you haven't picked up Bully, it's worth it. I think It'll do well on the nextgen consoles (especially if they have extra content). I've been playing the PS2 version & It's definitely a R* game, a GTA w/ less that people like J(A)T can bitch about but still a good game. If the X360 version has decent extra content, I can see paying $50-60 for it. Share this post Link to post Share on other sites