This is why gamers will continue to be screwed by the industry.

  • Kirp123@lemmy.world
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    9 hours ago

    However in their earnings call they reported smth like 1 billion in revenue, and, while I wasn’t clear on whether it’s everything or just GTA6, that would still mean people placed anywhere between 5-14 million preorders.

    Well from what I see on their website they put out their Q1 2027 earnings report which reports 1.534 billion earnings for the quarter. Q1 ended on June 30th so it only includes 5 days of GTA VI preorders. It’s also lower that their earnings in Q1 2026 which wouldn’t be the case if they had a really big boost of preorders.

    For Q2 2027, which ends on September 30th 2026 and would include most of the GTA 6 preorder period, they predict revenue of 1.62-1.67 billion. Q2 2026 was 1.774 billion.

    You’re telling me that for one of the most expected game releases in the last decade they are expecting to make only 100 million in pre-orders. That’s like 1 million 100$ pre-orders, now way they would sell that few.

    So yea I think the CEO may be talking out of his ass.