This past weekend Gamespot did a Rumor Control article on the possibility of a delay in GTA IV's release
. Michael Pachter, of Wedbush Morgan Securities, predicted that the Take-Two board shakeup would result in some game cancellations and (in GTA's case) some delays. The article points out that the rumour is as-yet unconfirmed. The company has gone on record as saying, that the game would still release in October (the expected launch month), but that doesn't necessarily rule out Pachter's scenario. "'We believe that it is possible that the company will choose to 'throw in the towel' on [its 2007 financial year] by shifting the release date for Grand Theft Auto IV by a few weeks, increasing the losses incurred this year and improving the company's prospects for FY:08.' Take-Two's financial year ends on October 31, 2007. Pachter gave another rationale for a GTA IV delay: namely, that moving it to early November would put more space between GTA IV and Halo 3, which is arriving September 25. 'We believe that a two-week delay would provide a reasonable gap between the launch of Halo 3 and the launch of GTA IV, and would actually help sales of both games,' he said."