GTA V Ships 34 Million Copies While Take-Two Suffers a Net Loss of $35.4M

Take-two announced the financials of the company for its first fiscal quarter ending June 30, 2014 revealing sales figures for several games. Grand Theft Auto V is one of them!

Revealed figures show that the publisher has been hit by a net loss of $35.4 million, which might seem like a bad news but the company posted a GAAP net loss of $61.9 million in the same period last year so I have to say, things are not as bad as they look.

GTA V shipped 34 million copies, and the number is one million up since Take-two last announced its figures in April, when the company made a profit of $510.7 million. Other lead performs were WWE2K14, Bioshock Infinite and Borderlands 2.

Undoubtedly, Grand Theft Auto is one of the biggest franchises ever created. Primarily developed by Rockstar North, its fifth installment was released last year and since proved to be hugely successful.

With 34 million sales to date GTA V is yet to release on PS4, Xbox One and PC, and with its arrival and beautifully enhanced graphics on these platforms already confirmed, it is possible that the game might reach the 50 million mark next year.

GTA V is set to launch on next-gen consoles and PC in Oct. 2014.