GTA 5 Online Rakes in $66 Million in In-App Purchases

GTA 5 Online Rakes in $66 Million in In-App PurchasesTake-Two laughing all the way to the bank at GTA 5 Online continues to generate massive revenues

GTA 5 Online has proved to be one of the biggest cash cows in the history of Rockstar Games, having now generated a quite astonishing $66 million through in-app purchases.

According to the latest rounds of statistics, at least 70% of GTA 5 gamers play online or at least have tried the online feature – the title now raking in a full 50% of all digital sales chalked up by Take-Two.

Not that any of these figures are official as such, but have instead been figured out following the comments of one Take-Two exec.

CEO Strauss Zelnick told the folks at MCV about the above mentioned 70% of gamers playing GTA 5 Online, adding that “recurrent consumer spending related to GTA Online represented nearly half of our digitally delivered revenue in the quarter.”

According to the latest financial report published by Take-Two total digital content sales hit a new high of just under $133 million, which in turn suggests that a solid $66 million of this came via GTA 5 Online.

The vast majority of the GTA 5 Online experience has so far been free, but much larger expansion and service packages are expected to be introduced over the coming months at a charge.

Zelnick also took the time to talk about how great it is to have a title that doesn’t need constant annual refreshes in order to stay current and hold onto its value.

“It is great that consumers anticipate our titles, like they anticipate the next James Bond film. Our goal is to create permanent franchises.”

Try these:

Rumor of New Sony Flagship ‘Honami’, to come with 20MP Camera, Full HD 5” Display and 2.3GHz Snapdra...
Rumors Float of Early iPhone 5s or iPhone 6 Release Based on iPhone 5 Discounts
Pee-Powered Phone Coming Soon – Bristol Boffins Strike Yellow Gold
Retina Panel Back in Play for iPad Mini 2 – Common Sense Prevails!
HTC One Max Confirmed for IFA Launch – Teaser Promises “Something Big”
History Made: Smartphones Outsell Feature Phones, Samsung Retains Lead
Microsoft Releases Surface 2, Surface Pro 2 Tablets as Potential iPad 5 Challengers
Samsung Phone with Wraparound Display Could Be Joining Galaxy S5 Among Company’s 2014 Offerings
Staples Black Friday Deals Include $150 Off on Select iPad Models
Microsoft Continues Trend of Smearing Rivals, Bashes Galaxy Tab 3 on New Surface Ad
Opinion – Are Sub-$100 Android Tablets Inexpensive, or Just Plain Cheap?
Asus Padfone Mini to Get Launched in Taiwan Next Week
Samsung Galaxy Camera 2 – Small Changes Make a Big Difference
Samsung to Launch 90-Degree Foldable Tablet PC at MWC 2014
Google Nexus 8 with Android 4.5 Lollypop Tipped for July Launch
Samsung Galaxy Tab 4 Range Lands With More of a Plop Than a Bang
Report: Microsoft Shelved Surface Mini Due to Competition, Fading Demand
Sony Xperia C3 Selfie Phone Launched in India for Rs 23,990 – Pouts on Standby!
Tesla Announces Range Anxiety Update for Model S, Teases Self-Driving Cars for Summer [Updated]
SpaceX Cargo Mission is Good, But Rocket Landing Fails a Second Time