Wednesday, February 27, 2013

Pachter Says a Thing: GTA 5 Will Be Out For PS4 and Xbox 720

Even if he's wrong or right, his statements won't matter at all.

What I love most about Michael Pachter, chief among many things (other suggestions are his thick head of hair, the assumption that he probably has a confident musky tone to his natural scent) it’s that he’s gotten a job where all he does is a thing that all of us do on a regular basis. He’s a predictor, basing stock advice on what he thinks the next moves for companies are. He’s often wrong, but his role in the industry is such that he’ll throw out more comments than can realistically ever all be correct.

This week he’s let us know he believes GTA 5 will be out for the next generation of consoles. What’s he basing that information on? Who cares? He said it, now here’s over 250 words discussing it.

Maybe he’s right. It makes sense that you’d port something over from one console to the other eventually. You can get a ton of old GTA games on the iPad now.

What he’s suggested is a very conservative estimation of events that at some point a game that’s being developed for current systems will find a way to different ones. Maybe that’s only worked before because of the novelty of getting a game that was a classic staple of the console experience reduced down to something you hold in your hand.
We’ll see, maybe he’s right, maybe he’s wrong. Pachter isn't the first industry analyst to predict a next-gen release for GTA 5. Earlier this month, Cowen & Company analyst Doug Creutz speculated that Rockstar's parent company Take-Two "may have plans to eventually publish GTA V on the next set of consoles" to lessen the impact next-gen console sales could have on DLC planned for the 360/PS3 version.

Rockstar has currently only confirmed GTA 5 for release on PlayStation 3 and Xbox 360. In addition to a next-generation release, a PC version is speculated to be in development as well. GTA 5 releases on Xbox 360 and PlayStation 3 on September 17, 2013. PlayStation 4, which was revealed by Sony last week, is due for release this Christmas.


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