Rockstar to reveal future projects soon

Financial reports. Dull as dishwater. “Some company made some money, lost some money, here are some huge numbers that are incomprehensible to most people.” But, you know what? Accountants? Major teases. Major.

Don’t believe me? Allow me to elaborate, dear reader.

Yesterday, publishing giant Take Two released its figures for the first quarter of 2016-17 (April – June). In that time they made some money, lost some money, sold some games, and delayed some games. If you’re interested in the numbers, head on over to Gamespot’s coverage of the financials. Or do something more interesting, like… oh, I don’t know. Knit? Eat soup?

Here’s an interesting bit… Despite earning over $300 million, Take Two made a loss of nearly $40 million. That kind of thing makes shareholders nervous. Nervous shareholders dump stock. Dumping stock depresses share prices, making companies worth less, which makes shareholders nervous… you see where this is going?

How do you make sure shareholders keep their nerve? Promise them some good news. It doesn’t have to be specific. So here’s why, if you are a Take Two shareholder, you’ll be hanging onto that stock:

“Rockstar Games also is hard at work on some exciting future projects that will be revealed soon.”

~ A. Tease, Accountant, Take Two.

GTA V and GTA Online have been major successes for the publisher, and every Rockstar game – and they are as far from an annularly franchised developer as can be – is waited for almost breathlessly by an eager throng for years.

gtav_xbox360tv_1280

What can we expect? Grand Theft Auto 6: Tokyo Thrift? Red Dead Revolving RevengeanceTable Tennis II? Place your bets, ladies and jellyspoons!

Disclaimer: This author knows nothing about shares and the stock market, which is why he’s writing an article about accounts at ten to midnight in threadbare jammies and guzzling diet coke, rather than gadding about in a solid gold jet, sipping chilled sancerre and wearing diamond clogs.

Make sure you like our Facebook page, join our Facebook group, subscribe to our YouTube channel and follow on Twitter and Twitch for all the latest Xbox One news, reviews and competitions.

Facebook Comments

Tags

You may also like...

One thought on “Rockstar to reveal future projects soon”

  1. please be red dead 2 or Er 3 not another gta zzz

Latest Competition

Xbox One UK Elgato HD60s Competition

Thanks to our sponsor Elgato Gaming, we have a fantastic HD60s Capture Card which will be won by one lucky Xbox One UK visitor.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close