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kumagawa on 13 May 2014
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kupomogli said:
LemonSlice said:
kupomogli said:

From what it sounds like to me, this is a $30 million loss for this quarter. andGTA5 profits have nothing to do with this.  So they've still made over two billion in profits.


..........no, just no.

So explain to me then how a completely different quarter losing $30 million means they lost $2.03 billion?

They never made $2 billion profit that was sales.

 

This quarter there revenue was less than $195 million there costs of running Take Two (and future game development) cost $226 million therefore a $30 million loss.

 

Take Two made a loss of $62 million in the quarter ending 30th June 2013

( http://ir.take2games.com/phoenix.zhtml?c=86428&p=irol-newsArticle&ID=1842604&highlight= )

Take Two made a loss of $124 million in the quarter ending 30th september 2013

( http://ir.take2games.com/phoenix.zhtml?c=86428&p=irol-newsArticle&ID=1869835&highlight= )

They then made a profit of $578 million in the quarter ending the 31st December 2013

( http://ir.take2games.com/phoenix.zhtml?c=86428&p=irol-newsArticle&ID=1896337&highlight= )

 

The profit from GTAV merely replace all that had been lost over the previous 6 months as well as future investments.