• Most Popular
  • Most Shared

Take-Two CEO bullish on 'Grand Theft Auto 4' sales

Mon Apr 28, 2008 2:53pm EDT

Stocks

   

SAN FRANCISCO, April 28 (Reuters) - Sales of Take-Two Interactive Software Inc's (TTWO.O) criminal action video game "Grand Theft Auto 4" will be higher than Wall Street expectations, Chief Executive Ben Feder said on Monday.

Stocks  |  Mergers & Acquisitions

"Our expectations are very high, higher than analysts give the game credit for," Feder told Reuters. "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."

Feder also reiterated Take-Two's position that it would hold off discussions about rival Electronic Arts Inc's (ERTS.O) $2 billion offer for the company until after the Tuesday launch of "Grand Theft Auto 4," which is widely expected to be the best-selling video game of 2008. (Reporting by Scott Hillis; Editing by Brian Moss)

Stocks
Mergers & Acquisitions


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets