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And a noted industry analyst at Bank of America Securities on Monday lowered Take Two ( Research) from "Buy" to "Neutral". Southwest Securities downgraded the company from "Strong Buy" to "Neutral" on Oct 4. Analysts, though, are shying away from the company's stock, citing a lack of momentum after the release of "GTA: San Andreas" and saying current share prices already factor in the forthcoming sales. 31), but its fiscal first quarter of 2005. The game is expected to represent up to 50 percent of Take Two's revenue in not only the company's fiscal fourth quarter (which ends Oct. To put that in perspective, only four films have boasted box office earnings exceeding that amount this year.
#GTA SAN ANDREAS PS2 SOFTWARE#
With a retail price of $50 per copy, that could generate nearly $200 million in revenue for publisher Take Two Interactive Software before 2005. Gaming industry analysts expect "GTA: San Andreas" to be the holiday season's biggest title, selling as many as 4 million copies by Dec. Change could be in the air Tuesday, though, when gamers get their hands on "Grand Theft Auto: San Andreas". NEW YORK (CNN/Money) – Since the PlayStation 2 hit store shelves in 2000, no game has sold more copies than "Grand Theft Auto: Vice City" or "Grand Theft Auto 3". Game Over is a weekly column by Chris Morris "GTA: San Andreas" should break sales records, but will it help Take Two shares?