Wed, Sep 16, 2009 | 15:52 BST

GTA V “expected in FY ’11,” says Piper

gtaiv27

Piper Jaffray’s Anthony Gikas has bumped his Take-Two target up to $15, from $11, saying in a note that GTA V is “expected” in the company’s fiscal ’11.

“Our confidence in the company’s profitability profile is improving as product flow for FY 2010 is greatly improved and Grand Theft Auto V is expected in FY ‘11,” he said today.

“Assuming no change to product flow, we expect the company will have 10-plus games that will sell over one million units.”

Take-Two is currently in its ’09 Q4, which ends on October 31. FY ’10 ends October 31, 2010. Mr Gikas here is saying GTA V will release sometime in the 12 months ending October 31, 2011.

That’s a long time to wait, isn’t it?

5 comments

#1

Jadeskye
16/09/09, 6:11 pm

hmm, same engine different assets?

GTA4: vice city?

#2

Syrok
16/09/09, 6:24 pm

I wouldn’t mind a new Vice City as long as the music is as “good”. :)

#3

Jadeskye
16/09/09, 6:40 pm

nothing like running down people while listening to ‘last night a DJ saved my life’

#4

The_Deleted
16/09/09, 10:37 pm

As long as they programme in some fun this time.

#5

Syrok
16/09/09, 10:42 pm

And use a few more colours.

Leave a Reply