GTA 5 Unlikely to Launch in 2012 Says Industry Analyst

Michael Pachter says that he believes it's unlikely that Grand Theft Auto V will be released in time for the 2012 holiday season.

The Wedbush Morgan analyst made his comments at a recent call to investors this week, reports PlayStation Universe.

Pachter had previously speculated that Grand Theft Auto V would be released in October 2012, but he's since changed his prediction because Rockstar Games title was a no-show at E3 this year.

"There was no announcement of Grand Theft Auto V at the show, making a pre-holiday release less likely," said Pachter.

"Company management confirmed that it would most likely notify retailers of a GTA release 3 – 4 months prior to launch, suggesting that a GTA release date announcement is virtually certain to occur by November."

With Grand Theft Auto V out of the way, I guess we'll all still be playing Diablo III by the time Christmas hits.