As we mentioned before the summer season is also the "silly season" where some games that were scheduled for release this fall get pushed back to sometime in the next year. Today, Take Two Interactive announced the latest such delay. BioShock 2 ,which they had planned to release in their fourth fiscal quarter of 2009 (which ends Oct. 31) will now be pushed back to sometime in their 2010 fiscal year which begins on November 1, 2009. Take Two stated the delay was ordered "in order to provide additional development time for the title." Technically that means the game could still be released sometime in the 2009 calendar year but Take Two has not yet specified a new release date for the game.

Because of BioShock 2's delay and other factors, Take Two is lowering its financial outlook for the rest of its fiscal year. Its current third quarter is expected to bring in between $120 milion to $130 million in revenue to the company (compared to their previous prediction of between $145 million and $165 million) and the upcoming fourth quarter is now expected to bring in $350 million to $400 million in revenue (compared to their previous prediction of between $420 million and $500 million). The entire 2009 fiscal year is expected to bring in between $960 million to $1 billion in revenue (compared to their previous prediction of $1.05 billion and $1.15 billion). Take Two will be holding a conference call at 4:45 pm ET today and we will listen in to see if there's any more info on the company's release date slate.

Update: As we mentioned here, Take Two has now confirmed that BioShock 2 will be released sometime in the first half of calendar year 2010.