14 DAY TRIAL // Publisher Take Two has announced that it has made a profit of 12.4 million dollars during the third fiscal quarter of their financial year, the second one in a row, showing that the publisher can perform very well even during a year when it is not launching a title in the well known Grand Theft Auto series.
Take Two says that it has managed 354.1 million dollars worth of video games during the three months, which is a huge increase over the close to 95 million that it has reported for the same period of last year.
For the fiscal quarter that ended on July 31 the company managed to even outperform its own estimates, which put overall sales between 250 and 300 million dollars.
The big boost to Take Two has been Red Dead Redemption, the open world Western action title that launched back in May and continued to sell well during the void of big launches that is the summer season.
The game has now managed to ship 6.9 million units and the upcoming launch of more downloadable content will probably push that number up even more.
Ben Feder, who is the Chief Executive Officer of Take Two, has told investors that, “At a time when consumers have continued to be highly discerning with the way they spend their money, Rockstar has proven that innovative triple-A experiences can still command a blockbuster audience and marketshare.”
Still all is not good in the land of Take Two as the company confirmed that it has delayed L.A. Noire, the video game that is developed by Team Bondi and Rockstar, for the first quarter of 2011, as rumors were previously suggesting.
Still Ben Feder says the delays is needed so that the game can fully use its technology, which is “revolutionary... never been seen before.”
The company has also pushed back Max Payne 3 to 2011.