GTA IV sales estimates are too low, says Feder

  • Posted April 29th, 2008 at 07:55 EDT by Mike Harradence
  • 12 Comments

Ben Feder, CEO of Take-Two Interactive, has stated that he feels analyst sales forecasts for Rockstar’s Grand Theft Auto IV are too low.

Feder’s comments come following a number of predictions set by analysts in recent months, with Wedbush Morgan’s Michael Pachter in particular having forecast sales of nine million in the current fiscal year, with Take-Two shipping six million copies to retail to meet consumer demand.

However, speaking to Reuters, Feder commented, "Our expectations are very high, higher than analysts give the game credit for.”

"All the analysts had a (sales) number, give or take, and I think we will be on the upside of that rather than the downside."

Grand Theft Auto IV is released worldwide on PlayStation 3 and Xbox 360 today. Stay tuned for our review shortly.

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What are your thoughts?

  1. Neameto | Neameto

    • 7:59am BST - April 29th, 2008

    This game will sell like popcorns on a movie theather!!!

  2. MephistoSoze

    • 8:05am BST - April 29th, 2008

    Now, now, Mister Feder, let's not be so self-congratulatory about it. While, no doubt, GTA will sell more than Mister Pachter believes, there's no need to say the analysts underestimate it. Learn from Sony's mistake: Arrogance makes people dislike you.

  3. richkaos | richkaos

    • 8:27am BST - April 29th, 2008

    Oh man this game is superb (like to advertise the fact that i got mine yesterday morning from asda for £31.44 big up the asda posse) Incredible in fact, i will not be suprised one bit if this title achieves and retains the all time game sales record.

  4. RuiyJR | Tseska_922

    • 8:56am BST - April 29th, 2008

    it's just day one baby's lol XD

  5. Lavery | Lavery7

    • 9:04am BST - April 29th, 2008

     I Can't Get It Anywhere :(:(:(:(:(:(:(:(:(:(

  6. MephistoSoze

    • 9:25am BST - April 29th, 2008

    @Lavery If you lived in my area, I could direct you to a Wal*Mart and Best Buy that has copies still on the shelves. Maybe not the Best Buy since they take Pre-Orders, but Wal*Mart doesn't, so all those copies are unclaimed.

  7. Beast_Of_Sparta | Beast_Of_Sparta

    • 9:26am BST - April 29th, 2008

    Out sold in all of sweden on the ps3. :D

  8. PS3-The Ultimate Machine

    • 9:35am BST - April 29th, 2008

    Neameto i'm pretty sure it's selling faster than that!

  9. DeadOnArrival06 | DeadOnArrival06

    • 10:41am BST - April 29th, 2008

    I just got my copy in the mail, baby!

  10. cammie | Cammie1

    • 11:43am BST - April 29th, 2008

    lol MephistoSoze i agree :L

  11. InfernoReaper | GrimDarkling

    • 12:00pm BST - April 29th, 2008

    Hopefully I can pick this up soon, even though my DMC4 hasn't even been in my PS3 yet.

  12. phejej

    • 2:11pm BST - April 29th, 2008

    only no brainer buy this game.

Related information

  • Related game: Grand Theft Auto IV

    Release date (US):
    April 29th, 2008
    Developer:
    Rockstar North
    Genre:
    Action - Third Person
    Rank:
    4 of 1,474 Games
    Up 0 places (in last 7 days)

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