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Take-Two Experiences Some Financial Success in 3Q

Discussion in 'News Updates' started by Ginger_Ale, Sep 4, 2008.

  1. Ginger_Ale

    Ginger_Ale Lurker Retired Moderator

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    Take-Two Interactive, the current publisher of the Civilization series, released its third quarter financial results on Thursday for the three months leading up until July 31st. They were able to report a net income of about $52 million, in contrast to one year ago when they lost money. Of particular note is Take-Two's success overseas from the United States, as international sales provided almost half of their revenue. Here is a quote from the CNN Money news article:
    >> Read more about Take-Two's third quarter results
     
  2. apenpaap

    apenpaap Tsar of all the Internets

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    Well, this sounds like good news. If they are finally making money instead of losing it, that means they may not want to sell the company at EA's next offer.
     
  3. Luckystrike77

    Luckystrike77 Prince

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    We europeans love Civ! Please give us more! :D
     
  4. Pikkis

    Pikkis Prince

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    I think that GTA IV played a big part in this success, though it was released a few days before the quarter started. Anyway, this is good news, because, as noted before in this thread, this can play a crucial part in Civilization not getting to EA.
     
  5. Sullla

    Sullla Patrician Roman Dictator

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    I don't think these results were nearly as great as Take-Two wants to make them out to be. They just released Grand Theft Auto, and still barely managed to turn a profit! Not exactly a stellar performance.

    Mark my words: as soon as Take-Two can't rely on their mega cash cow (ie, this quarter) their profits are going to drop like a stone.
     
  6. toft

    toft King

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    I hope they crash and burn, so we can get something better than we are getting now.
     
  7. kioras

    kioras Daemon Quellor

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    crash and burn into the slash and burn hands of EA?
     
  8. toft

    toft King

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    That would be much better than TakeTwo IMHO.
     
  9. apenpaap

    apenpaap Tsar of all the Internets

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    When EA takes over a company, they fire most of the people working there and replace them with their minions. This means lots of creative people at Firaxis would be fired, drastically lowering the game's quality. They also "dumb down" game so they are "accesibble to everyone", which means civ 5 would be a lot like civrev.
     
  10. Luckystrike77

    Luckystrike77 Prince

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    God forbid!

    Then we would have to count on companies like stardock to make a new civ-game with soul.... calling it something else then Civilization of course.
     

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