Take-Two has announced that will stop manufacturing the current version of Grand Theft Auto: San Andreas and begin work on a non-hot coffee version.

The version will retain the M-rating and should hit shelves by the fourth fiscal quarter.

They also expect to see a pretty major financial hit from the whole Hot Coffee issue.

As a result of the re-rating of the game, Take-Two is lowering guidance for the third fiscal quarter ending July 31, 2005 to $160 to $170 million in net sales and a net loss per share of $(0.40) to $(0.45) to provide reserves for the value of the title's current North American retail inventory. Accordingly, guidance for the fiscal year ending October 31, 2005 is also being lowered to $1.26 to $1.31 billion in net sales and $1.05 to $1.12 in diluted earnings per share.

Take-Two Interactive Software, Inc. Announces Conclusion of ESRB Investigation [Business Wire]

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