We have seen nothing of GTA 5, bar the announcement trailer, but that hasn’t stopped analysts from predicting the game will sell at least 14 million copies.

This comes from Sterne Agee’s Arvind Bhatia, who also expects the game to debut in the first third of 2013. He noted that it will bring about $700 million revenue for Take-Two.

The above numbers don’t seem too far-fetched once you take into account GTA 4’s sales: 20 million over two years. In fact, it shipped 13 million in its first year alone.

Grand Theft Auto 5 is expected to be unveiled at E3 next month.