GTA V not enough to up the trailing software sales of 2012

Industry analysts have predicted that even a game of the magnitude of Rockstar’s GTA V is not enough to turn the fortunes of the trailing software sales of 2012.

Colin Sebastian, an analyst at Robert W. Baird & Co, told VentureBeat that “I am not confident that it will be out this year, and even if it did, we would still likely see a modest decline in console software sales.” EEDAR analyst Jesse Divnich also commented that “Given the current momentum of the market, I doubt any major releases, even one of GTA V’s size, would push the physical markets back into the positives. The traditional gaming sector is under an enormous amount of downward pressure at the moment, and it will require a strong catalyst to shift that momentum.”

There is a strong rumor that GTA V will release this year but it is uncertain whether it will release before or after Christmas.