GTA 5 Surpasses 200 Million Copies Sold: Only Two Games Have Outsold It
Portfolio Pulse from Franca Quarneti
Grand Theft Auto 5 (GTA 5) has surpassed 200 million copies sold, making it one of the best-selling games ever. This milestone was revealed in Take-Two Interactive Software Inc's (NASDAQ:TTWO) recent earnings report. The game continues to sell about five million copies every three months, largely due to the success of GTA Online. Red Dead Redemption 2, another game from Rockstar, has sold 64 million units. Only Tetris and Microsoft Corp.'s (NASDAQ:MSFT) Minecraft have sold more copies than GTA 5.
May 17, 2024 | 6:25 pm
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POSITIVE IMPACT
Take-Two Interactive Software Inc. (NASDAQ:TTWO) reported that GTA 5 has surpassed 200 million copies sold, continuing to sell about five million copies every three months. This strong performance is likely to positively impact TTWO's stock in the short term.
The continued strong sales of GTA 5, as reported in TTWO's earnings, indicate robust revenue streams, which are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Microsoft Corp. (NASDAQ:MSFT) was mentioned as the publisher of Minecraft, one of the few games that have outsold GTA 5. This mention is unlikely to have a significant short-term impact on MSFT's stock.
While Minecraft's sales are impressive, the mention in the context of GTA 5's milestone is unlikely to have a significant impact on MSFT's stock in the short term.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20