Take-Two Interactive Software, Inc. (TTWO): GTA V hits 33 million units sold

Posted May 14, 2014

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has reported today that it has sold over 33 million copies of Grand Theft Auto V since it launched last September. This amounts to an estimated $1.98 billion in retail sales. GTA V was the best selling console game in 2013 in North America, Latin America, and Europe. GTA V was the fastest game to hit $1 billion in sales in video game history.

Take-Two’s Rockstar Games spent over five years developing the game and it costed around $260 million. GTA Online was launched in October and a number of updates were released through the platform such as The Business Update, The High Life Update, and The Valentines Day Massacre Special.

GTA Online also released Grand Theft Auto: San Andreas for Kindle, Android, and Windows Phone devices. The $1.98 billion is based on revenue and does not include the cut that retailers take, but it is still impressive.

GTA Online was the biggest contributor to digital sales and revenues from it were high. Rockstar offers tools to gamers to develop their own content and 7 million pieces of content has been created so far.