Take-Two Sees New Consoles Like PS4.5 or Nintendo NX as an Opportunity; Comments on Virtual Reality

Take-Two Sees New Consoles Like PS4.5 or Nintendo NX as an Opportunity; Comments on Virtual Reality

During Take-Two Interactive’s quarterly financial conference call, CEO Strauss Zelnick was asked about the company’s position on the coming of new consoles like the rumored PS4.5 or the Nintendo NX.

In his answer, he mentioned that those upcoming and possible new platforms (of course he did not confirm or deny any rumors directly) are seen by the company as an opportunity.

“In general these are all opportunities depending how things pencil out, a successful new console gives us another opportunity to release titles whomever it comes from.”

Answering to a question later in the call, Zelnick mentioned that there are “wonderful opportunities” for organic growth in fiscal year 2018 (starting on April 1st, 2017), whether it is from new types of products, expanding to new regions,  new opportunities like e-sports, or supporting new platforms.

Zelnick also mentioned that the company is still in the research and development phase for virtual reality, but if it turns out to be the platform of choice for consumer, Take-Two will bring its IPs to it “aggressively and ambitiously.”