Irrational Games announced its decision on Wednesday to push the release of BioShock Infinite for the Playstation 3, Xbox 360 and PC from October to February of next year. According to from Wedbush Securities analyst Michael Pachter, this opens up a window for Rockstar's Grand Theft Auto V to enter into the crowded months of October and November.
"We believe that October is the preferred release month for GTA V’s developer, Rockstar Games, as the studio has scheduled every prior GTA releases during that month (with GTA IV delayed to April 2008, due to bugs in the PS3 version)," Pachter wrote in an invest note released just hours after the BioShock Infinite delay was announced.
"We speculate that once Rockstar Games notified Take-Two that GTA V would be ready by October, Take-Two gave Irrational Games the option to spend more time fine-tuning BioShock Infinite. Although we were confident that both games would sell millions of units when it appeared that they would be released in close proximity, we think that the delay will alleviate any wallet-share concerns and ensure that both games receive the undivided attention of Take-Two’s management and marketing teams, and will ensure that retail support is optimized"
Pachter goes on to say that Take Two will likely announce the release schedule of Grand Theft Auto V during its fiscal year end report on May 22 or at this year's E3 from June 5-7. If no announcement is made at either of those times, we shouldn't expect Rockstar's latest GTA adventure this year.
It's worth mentioning that a Rockstar employees' resume recently showed an October release for Grand Theft Auto V.
Follow us on Facebook or Twitter for the latest news or you can subscribe to our RSS feed or email alerts.
Comments