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Pre-holiday release for GTA 5 now unlikely, admits Pachter

1051 days 21 hours ago By: jtorry | News | Xbox 360 |
Grand Theft Auto V is now unlikely to be released this holiday season, Wedbush analyst Michael Pachter has admitted.

Despite previously believing Rockstar Games' highly anticipated open-world action sequel was a good bet for an October 2012 release, Pachter now believes that the game's no show at E3 2012 means a 2012 release is unlikely.

However, given Take-Two's revenue guidance for the current fiscal year, Pachter remains confident that GTA 5 will be released before the end of March 2013.