Todd Mitchell, analyst for Kaufman Bros. Equity Research stated that he’s anticipating two more downloadable GTA IV episodes to launch after The Ballad of Gay Tony. “It’s been indicated to me that would be the case,” he said. Additionally, with Microsoft’s exclusivity deal covering only two episodes, these DLC add-ons may also appear on PS3.

In addition to new GTA IV episodes, the analyst believes GTA V will debut some time in the 2011 fiscal year. The only reason it wasn’t announced or teased in any way during E3, he believes, is “Rockstar’s track record with delivering on time.”

Mitchell also made an  interesting statement regarding the possibility of a new Grand Theft Auto hitting the PlayStation 2 system.  He believes a PS2 port of the PSP port of the formerly DS-exclusive Chinatown Wars may hit the aging Sony system, although he admits he’s not too “confident” about that prediction. But with millions of PS2 out there you might have a hit on your hands if you were Rockstar and speaking of which, Rockstar also could easy make a Wii port of the game.

[Via Joystiq]