Two analyst firms revealed that GTA4 did not have any effect on the sales of PS3 and XBOX 360.
We know that GTA 4 had record breaking sales due to its popularity but it didn not have much effect on the sales of PS3 and XBOX360 in the month of May. According to the two separate analyst firms named Lazard Capital Markets and Wedbush Morgan Securities-

“We do not believe the recent release of GTA IV has generated meaningful incremental demand for the Xbox 360 or PS3 platforms,” said by ‘Colin Sebastian’ of Lazard Capital Markets.

“Next generation console unit sales are running well ahead of the level in the analogous period of 2003 (when console prices averaged under USD 200), implying room for significant sales growth as price cuts are implemented,” explained by Pachter .

The news was not well for Sony Executives who always believed that ‘Metal Gear Solid 4′ was a killer application for PS3 . (Killer Application- Which tends to increase the sales of console.)

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