Take-Two profits down in first quarter of Red Dead-free fiscal year

Take-Two's net revenue for its first quarter of fiscal 2012 (which ended June 30) represents a downturn year-over-year -- $334.4 million versus fiscal 2010's $375.4 million (Take-Two shifted its fiscal calendar since then, in case you're wondering why we're comparing Q1 2012 with Q3 2010), with a net loss of $8.7 million instead of profits of $26.3 million. Last year around this time, of course, everyone on Earth was buying Red Dead Redemption, pushing Take-Two's profits into the stratosphere.

With the game sold to all of Earth's residents to date, that leaves only babies born in the interim as the audience for new copies of the game; that market of babies has done well enough for the company to count RDR and its Undead Nightmare expansion as one of the leading products in this quarter, with 2 million retail copies of Undead Nightmare shipped life-to-date and 9 million Red Dead Redemptions. Other leaders include Duke Nukem Forever, LA Noire, NBA 2K11 and Carnival Games: Monkey See, Monkey Do.