[Forbes] 'Red Dead Redemption 2' Sold More Than 23 Million Copies, So How Did Take-Two's Stock Price Drop? - Page 3 - Overclock.net - An Overclocking Community

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[Forbes] 'Red Dead Redemption 2' Sold More Than 23 Million Copies, So How Did Take-Two's Stock Price Drop?

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post #21 of 34 (permalink) Old 02-11-2019, 12:38 AM
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Quote: Originally Posted by huzzug View Post
Earnings report?
I ended up finding the relevant information on my own. It appears it's true that they've made much more money from sales on consoles (hard to say about micro-transactions). Though, to be fair, it would take a contemporaneous release on all platforms to make a proper assessment. Most people probably didn't double dip for PS4 and Xbox One, let alone triple dip for PC.

Quote: Originally Posted by huzzug View Post
GTAV still retails for $60. The same price it launched at in 2013. You might have to wait until the game hits irrelevance to get it at that price.
On PC? That's absolutely false. I'm sure there's a local Gamestop competitor of some sort selling copies for that amount, but that's neither here nor there. It's been on and off under $20 on Steam for some time now.

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post #22 of 34 (permalink) Old 02-11-2019, 12:44 AM
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Quote: Originally Posted by ToTheSun! View Post
I ended up finding the relevant information on my own. It appears it's true that they've made much more money from sales on consoles (hard to say about micro-transactions). Though, to be fair, it would take a contemporaneous release on all platforms to make a proper assessment. Most people probably didn't double dip for PS4 and Xbox One, let alone triple dip for PC.
It surely doesn't prove that RDR wouldn't have sold better on PC, had it released alongside consoles, but it does prove that T2 makes it's money from consoles. Hence, their release schedule.

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On PC? That's absolutely false. I'm sure there's a local Gamestop competitor of some sort selling copies for that amount, but that's neither here nor there. It's been on and off under $20 on Steam for some time now.
Haven't seen it dip below $50 on steam for quite some time. But that maybe due to region.

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post #23 of 34 (permalink) Old 02-11-2019, 12:57 AM
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Quote: Originally Posted by huzzug View Post
Haven't seen it dip below $50 on steam for quite some time. But that maybe due to region.
I don't know what your region is, but it's currently €14.99 on mine. And this pricing isn't new. It's been $15-20 during Steam sales for a while now.

It's also the current top seller on Steam, too, if you can believe that, after all these years.

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post #24 of 34 (permalink) Old 02-11-2019, 01:13 AM
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Currently sitting at $25 local currency for another 8 hours. Might have misread earlier.

#2 their debt is insane, even for a "diverse field" company. They cannot even afford to service the debt maintenance let alone make an actual dent in the debt itself. - Internet Stranger
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post #25 of 34 (permalink) Old 02-11-2019, 01:18 AM
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I'm sure he meant MSRP. Retail price is around $10 for the x360 where I am. Picked up a copy myself a few months back and the price hasn't changed since then.

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post #26 of 34 (permalink) Old 02-11-2019, 03:18 AM
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The stock price for a couple of reasons. The first one being Take-Two is a publisher, not a developer. There has been a huge amount of backlash over microtransactions in RDR2 Online and the garbage release and aggressive microtransactions in NBA 2K19.


There's far more too it than "This game sold well, the price dropped for no reason".

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post #27 of 34 (permalink) Old 02-15-2019, 10:32 AM
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I hope it keeps sinking until they fold. After GTAV I would very much enjoy seeing TakeTwo and Rockstar become a thing of the past.

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post #28 of 34 (permalink) Old 02-15-2019, 11:22 AM
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Quote: Originally Posted by bigjdubb View Post
After GTAV I would very much enjoy seeing TakeTwo and Rockstar become a thing of the past.
Wait, what?!?!? Please clarify.

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post #29 of 34 (permalink) Old 02-15-2019, 02:10 PM
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GTA V was just a huge cash grab, one that I'm they hope to duplicate with Red Dead. The game itself was amazing, genuinely one of the best. It's the business practices behind the game that I didn't like and once they started going after mod makers I was done with them for good.

The cycle is already starting to repeat with the lack of single player support and all of the focus going into MP. I'm sure Red Dead will be chock full of things to buy and I wouldn't be surprised if it was fairly difficult to actually earn the amount of game currency needed to buy those things. I don't know if red dead will be as bad as GTAV with the money siphoning, but I wouldn't be surprised if you have to pay daily fees in game to keep your horse fed and healthy (like your apartment in GTAV). Whatever they can do to drain away your game currency so that you buy some from them with real money.

People like to give EA a lot of crap but TakeTwo and Rockstar are the absolute worst.... except for maybe that spaceship game that people have been paying stupid amounts of money for.

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post #30 of 34 (permalink) Old 02-16-2019, 03:07 AM
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All game publishers are going in this direction. The only way to avoid it is simply not give into the hype.

Bethesda is the worst. FO76 $5-$10 for a skin. Some skins are as much as $25. They look cool, but if you're willing to spend as much as $half$ of what it cost to purchase the game you deserve to be fleeced.

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