Grand Theft Auto 5 Sales Surpass 90 Million
The best-selling video game of all time has set another sales record. Even though it’s slowly aging as it was released in 2013. Now, Rockstar’s parent company, Take-Two Interactive, has officially announced during a recent earnings call for its fiscal third quarter ending on December 31, 2017 that GTA 5 is indeed still alive and well, as it has surpassed 90 million units sold worldwide.
The most recent figure shared by Take-Two reflects that GTA 5 sold a whopping 15 million units in 2017 alone.
Take Two says GTA Online was the single largest driver of recurrent consumer spending during the past quarter.
It’s confirmed GTA Online will have more content updates.
The game has now sold in over 90 million units worldwide! pic.twitter.com/VZlZ55z8zV
— Daniel Ahmad (@ZhugeEX) February 7, 2018
Even as RMT and loot boxes take major hits in terms of regulation and consumer blowback, GTA 5’s microtransactions continue to rake in the dough. It’s this continued success that has allowed Take Two stock to continually gain in value. Shares of Take Two have gained 124.5% in the past year.
The company reported net income of $25.1 million, or 21 cents per share, compared with a loss of $29.8 million, or 33 cents per share, a year earlier. Nearly $12 million of that gain is claimed to have resulted from the much-contested US tax overhaul passed by the Trump administration.
Speaking during the recent earnings call, Henry Diamond had the following to say:
Grand Theft Auto Online delivered its best quarter ever, substantially exceeding our net sales expectations, and was once again the single largest contributor to recurrent consumer spending. Rockstar Games has continued to drive sustained engagement and growth in recurrent consumer spending through the ongoing release of free additional content, most recently the Dawn Raid, Overtime Rumble, and Power Mad updates.
Grand Theft Auto 5 is available now for PC, PlayStation 3, PlayStation 4, Xbox 360, and Xbox One.
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