Publisher Take-Two Interactive has blamed disappointing Max Payne 3 and Spec Ops: The Line sales as the reason the company missed its first quarter forecasts.
Although our first quarter results were below expectations due to lower-than-anticipated sales of Spec Ops: The Line and Max Payne 3, the outlook for our slate of upcoming releases is stronger than ever.
said Strauss Zelnick, chairman and CEO of Take-Two.
Although the company still raked in more than $220 million, compared to the $334 million they made in the first quarter of this year, it’s quite a fall.
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.
Not all doom and gloom then.
Oh and then some time next year, there’s a little something called Grand Theft Auto V that might just sell a few copies. That might help.
Just a bit.
Source: CVG
