Red Dead Redemption moves five million units

Take-Two is seeing better than expected second quarter results as the company has made $268 million in net revenue. That’s an increase of about 54% compared to the same quarter last year. The company doesn’t see the money train stopping anytime soon as they’ve raised their outlook for 2010. Red Dead Redemption is fueling Take-Two’s confidence as the game has moved five million units since is was released last month.

The company is now expecting to see sales of their product reach between $880 to $980 million at the end of the fiscal year. Big numbers but titles such as L.A. Noire, Mafia II, New Carnival Games, Civilization V and their sport titles should easily see the company reach these numbers.

Hamza Aziz