Take-Two: GTA IV Ships 11 Million, Sales Hit 8.5 Mil Units
Posted by x3sphere at June 5, 2008, 3:36 pm

Grand Theft Auto IV has shipped 11 million copies to retailers worldwide, with approximately 8.5 units sold to consumers since May 31, Rockstar parent Take-Two Interactive announced today.
As previously reported, the title garnered a record-breaking $500 million in sales during its first week on the market, pushing an estimated total of 6 million units.
Speaking on behalf of the announcement, Take-Two CEO Strauss Zelnick noted that “Take-Two’s performance has exceeded expectations through the first half of fiscal 2008, clearly demonstrating the creative, operational and financial strength of our business.”
Overall, net revenue for Take-Two’s second quarter in fiscal 2008 totaled $539.8 million, compared to $205.4 million the previous year. The publisher mentioned that $5.3 million in “professional fees and legal expenses” were made during the last six months, largely due to Electronic Arts’ unsolicited tender offer.
Read more: Take-Two: Grand Theft Auto IV Shifts 10 Million Units, 360 DLC Due In Fiscal 2009, EA Reports $310 Million Net Loss For Second Quarter, Cuts Workforce By 6 Percent, Activision Reports $2.90 Billion Year, Grand Theft Auto IV Episodic Content Delayed, THQ Confirms Layoffs, Red Faction: Guerilla Delayed
