Grand Theft Auto IV (TTWO) could sell 5.8 million copies

in its first week, giving it retail sales of $360 million, which would be bigger than the $300 million Halo 3 (MSFT) did in its first week

last year, says Janco Partners analyst Mike Hickey.

GTA has an inherent advantage -- it's being released on both Sony's PS3 (SNE) and the Xbox 360. The fact that Halo 3 would come so close to GTA IV sales actually speaks to the Halo phenomenon more than anything else.

But the sales of gta 5 for android IV would make Take-Two's board happy. They've been begging shareholders to reject the $2 billion buyout offer

from Electronic Arts (ERTS) based on projected sales of Grand Theft Auto.

See Also:

Did Microsoft Pay Too Much For Grand Theft Auto Goodies? No (MSFT, TTWO)
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