Rockstar Games and Take-Two Interactive have confirmed that Grand Theft Auto V will launch in Spring 2013 for PS3 and Xbox 360. Grand Theft Auto V pre-orders are set to officially launch November 5.

Take-Two later confirmed that this means that Grand Theft Auto V will not launch before the end of March and it will come out squarely in the next fiscal year.  Rockstar has had a tendency to release large titles in May and June and it seems likely that Grand Theft Auto V will release in a similar time frame.