Falling in line with recent predictions from analysts, retail sources have told Pacific Crest Securities’ Evan Wilson that Team Bondi’s L.A. Noire will not, not be making its still-official ‘fall 2010’ release window.
“We have confirmed the delay of L.A. Noire from fiscal Q4 (Oct.) well into [fiscal] 2011 [November 1, 2010 to October 31, 2011],” Wilson wrote in a statement to investors.
“As far as we can tell, Take-Two has not shown the game to retailers.”
Wilson criticizes the publisher for not being able to accurately forecast the completion of its major titles, a problem Chairman Strauss Zelnick has owned up to in the past.
“…the delays have reinforced the low confidence we have in current management,” Wilson’s statement also reads. “We continue to have low confidence that management has any idea about when its games will actually be released and believe the confidence that it displays to investors is misplaced.”
Take-Two is holding its quarterly results call next Thursday. Expect something on L.A. Noire then.