'Grand Theft Auto 5' delay to result in Xbox 720 & PlayStation 4 versions

As many people know, "Grand Theft Auto 5" was delayed this past week, but some people believe that is because Rockstar Games is working on the port for the Xbox 720 and PlayStation 4.

According to a report from CVG on Thursday, Cowen & Company analyst Doug Creutz said he believes "Grand Theft Auto V" will end up on the Xbox 720 and PlayStation 4.

"In and of itself, the delay of the game from FQ1 to FQ2 would not normally mean any significant change to expected FY14 financial results.

"However there is an issue in that we expect the next generation of Xbox and/or PlayStation consoles to launch in the December quarter.

"We think the closer proximity of GTA V to the next cycle could, at the margin, impact lifetime sales of the title, though we believe that a title of 'GTA's' stature will still be a major seller regardless.

"We think there also could be some impact on the legs of likely 'GTA V' downloadable content as the next-gen installed base increases through 2014.

"However, we suspect Take-Two may have plans to eventually publish 'GTA V' on the next set of consoles in some form to offset this," Creutz said.

What do you think about this prediction?

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Steve Ruygrok has been in the journalism world since 2008. In addition to attending major events for the video games industry, he specializes in features, reviews and interviews. Subscribe for the latest feature he has to share regarding the video games industry. You can follow him on Twitter ...

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