Analyst predicts GTA V will make $1 billion in first month 8 years ago

Analyst predicts GTA V will make $1 billion in first month

According to reports from certain gaming gurus, GTA V will outsell GTA IV within a matter of months.

GTA IV sold just over 25 million copies since its release back in 2008, however, analysts predict that the latest instalment of the Grand Theft Auto franchise will sell 20 million copies by the end of March next year.

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Colin Sebastian, a research analyst from the financial services firm Robert W. Baird, said: "Given the significantly higher installed base of relevant console platforms at launch, greater sales concentration among the top video game franchises, and unprecedented pentup demand, we expect GTA V to outpace GTA IV sales, and generate roughly $1 billion in retail sales during the first month."

Wow… That’s a serious amount of dough. According to IGN.com, Arvind Bhatia and Brett Strauser, analysts with Sterne Agee, said: "We see potential for worldwide day-one sell-through of 6.5 million units [and] $400 million for GTA V.”

In fairness, the game has already received numerous 10/10 reviews and Twitter was flooded with pictures of people queuing up outside video game shops at 12am just to get the game, so at least Rockstar (and Take-Two) have earned their money.