The publisher of titles such as Grand Theft Auto IV and Red Dead Redemption, Take Two Interactive, has posted substantial profits for the financial year ending October 31st.
The company has posted an increase in net revenue of 65% year-on-year to $1.16 billion and net profits to the end of October totalling $42.6 million. Some of the newest titles it attributed to the increase in both of these areas were NBA 2K11, Mafia II, Red Dead Redemption, Sid Meier's Civilization V, Grand Theft Auto IV: Complete and New Carnival Games.
Of particular interest is the number of copies Western-themed title Red Dead Redemption has shipped to date with nearly 8m units of the title shipped worldwide.
Who would like to be at Take-Two Interactive's Christmas party this year?
Source: Take 2
The company has posted an increase in net revenue of 65% year-on-year to $1.16 billion and net profits to the end of October totalling $42.6 million. Some of the newest titles it attributed to the increase in both of these areas were NBA 2K11, Mafia II, Red Dead Redemption, Sid Meier's Civilization V, Grand Theft Auto IV: Complete and New Carnival Games.
Of particular interest is the number of copies Western-themed title Red Dead Redemption has shipped to date with nearly 8m units of the title shipped worldwide.
Who would like to be at Take-Two Interactive's Christmas party this year?
Source: Take 2
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Comments
gingineer 18 Dec 2010 21:17
1/1
whilst that is very impressive. i'm a little surprised given the success of red dead redemption that they only got $42 million profit. that is 4% profit margin. which hardly seems great.