Borderlands 2 selling ahead of expectations amid worries over T2 stock – analyst

Friday, 21 September 2012 14:04 GMT By Stephany Nunneley

Borderlands 2 is selling “in line to slightly ahead of expectations,” since it launched on Tuesday, September 18 in the US, according to Robert W. Baird & Co. analyst Colin Sebastian; however, the firm’s enthusiasm for Take-Two is “tempered” by increasing uncertainty over the presumed March 2013 launch timing for GTA 5. Speaking in an industry note, Sebastian said the Gearbox shooter could “exceed” its original shipment expectations of 3 million units. During a a meeting with investors last night, Take Two CEO Strauss Zelnick said delays caused the publisher to miss its financial targets for Q4 and year end 2012.

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