Sullla on 30 April 2008
shams has pretty much summed up what I was going to say. If there's any doubt that Take-Two's financial strategy stinks to high heaven, look no further. Putting all of your eggs in one basket with an uber-budget game creates an insane level of risk (what if the game is a commercial failure?) If this is true, Grand Theft Auto will likely have to sell 5m copies to turn a profit. Of course, it certainly will do so - but what if it falls short of everyone's expectations? The entire company is going to be bought out if GTA underperforms in the market.
Another reason why I will never invest in this company.
End of 2008 totals: Wii 42m, 360 24m, PS3 18.5m (made Jan. 4, 2008)
