Take-Two Reports Results for First Quarter Fiscal 2013

Take-Two has released its financial report for the first quarter in its First Quarter Fiscal 2013.

The report details losses for the company that has blamed low sales of titles Max Payne 3 and Spec Ops: The Line that achieved lower than anticipated sales for the company.Despite this Max Payne 3 has shipped 3 million units thus far on all platforms.

However Take-Two are still feeling bullish about its future thanks to a solid offering of upcoming protential blockbusters heading to shelves this year and next.

Here is what CEO Strauss Zelnick said about the upcoming titles:

“The outlook for our slate of upcoming releases is stronger than ever,” stated CEO Strauss Zelnick. “Early consumer enthusiasm suggests robust demand for our extraordinary lineup of upcoming releases, particularly Borderlands 2, NBA 2K13 and BioShock Infinite. We continue to expect fiscal 2013 to be one of the best years in Take-Two’s history.”

If you hadn’t noticed, no Grand Theft Auto V is mentioned at all in release dates, the game still remains in the TBA for the release date and the platform, however the company did say that the game was in ‘full development and showing substantial progress.’ This is also because the company apparently haven’t talked about release dates, so they won’t talk about a credible date of release until they are ready, (or it sounds like Rockstar just want to keep it under wraps who knows!)

In the report, Zelnick mentions that Gearbox Softwares, Borderlands 2, is a bright spot for the company despite the fact that the game isn’t even out yet. Apparently the pre-order sales at retail have done ‘incredibly well’, prompting Take-Two’s COO Karl Slatoff to describe consumer anticipation for the game as ‘phenomenal.’

“Pre-orders are currently the third highest of any title in Take-Two’s history, behind only Grand Theft Auto 4 and Grand Theft Auto: San Andreas.”

So there you have it, no Grand Thef Auto V release date, in fact no mention of Rockstars Playstation 3 Exclusive title AGENT (which I think is dead and buried after this amount of time).

And for those of you who want to know, Borderlands 2 is out September 21st 2012.

Still, the company is feeling bullish about its future thanks to a solid offering of upcoming potential blockbusters scheduled.

“The outlook for our slate of upcoming releases is stronger than ever,” stated CEO Strauss Zelnick. “Early consumer enthusiasm suggests robust demand for our extraordinary lineup of upcoming releases, particularly Borderlands 2, NBA 2K13 and BioShock Infinite. We continue to expect fiscal 2013 to be one of the best years in Take-Two’s history.”

You’ll notice Grand Theft Auto V was omitted from Zelnick’s declaration; while the game remained TBA as far as both release date and platform go, the company did say it was in ‘full development and showing substantial progress.’

“We haven’t talked about a release date, so we can’t talk about the credibility of a release date we haven’t announced.” Zelnick explained.

As mentioned by Zelnick, Borderlands 2 has indeed been a bright spot for the company; pretty good considering the game isn’t even out yet. Pre-orders at retail have done ‘incredibly well’ so far, prompting Take-Two’s COO Karl Slatoff to describe consumer anticipation for the game as ‘phenomenal.’

“Pre-orders are currently the third highest of any title in Take-Two’s history, behind only Grand Theft Auto 4 and Grand Theft Auto: San Andreas.”