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Grand Theft Auto publisher Take-Two blasts its way to record earnings — and stock price falls

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Take-Two Interactive Software reported record sales and earnings for its third fiscal quarter, which ended on Dec. 31, thanks to enormous sales of Grand Theft Auto V.

GTA-V-trevor.jpgEverybody knew it would be a big quarter. Take-Two and its developer Rockstar Games scored a huge hit with GTA V, which launched on the Xbox 360 and PlayStation 3 on Sept. 17. The companies previously announced that the open-world crime drama had reached $800 million in sales in its first 24 hours and $1 billion in its first three days. Currently, the game has shipped more than 32.5 million copies to retailers.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.