kingthrillgore
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12Y

I have to imagine Valve has a war chest they can use, if they wanted, to do some acquisitions.

@[email protected]
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412Y

I assume that’s gaming revenue not total?

@[email protected]
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152Y

Apple’s total revenue was almost $400B in 2022. I think App Store revenue was $36B. So this must be just games.

@[email protected]
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32Y

Wow mobile gaming is making bank.

@[email protected]
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112Y

Has to be. There’s no way the owners of the biggest storefront for pc gaming makes as much as EA.

@[email protected]
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32Y

Why? 30% a sale, sounds about right

ka-chow
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22Y

But how could Valve have made $6.5b off of their own games? They haven’t released anything in yonks have they?! Plus EA have the gacha-fication of FIFA/every other sports game franchise they own with Ultimate Team, etc.

@[email protected]
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32Y

Battle passes, lootboxes, keys and whatnot.

Nefyedardu
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22Y

Are you being facetious? Dota and Counter Strike make a ton of money.

Goronmon
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32Y

Those two are surely pretty valuable. But I doubt they are, on their own, billions of dollars a year valuable.

Quokka
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12Y

ActiBlizion are on there, so sounds about right.

@[email protected]
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92Y

Has to be. There’s no way the owners of the biggest storefront for pc gaming makes as much as EA.

What non-gaming revenue do both EA and Valve have? Do you think that EA makes surprisingly much or Valve surprisingly little?

@[email protected]
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102Y

I think they’re trying to say that if it was total revenue, valve should have way bigger numbers

@[email protected]
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2Y

What non-gaming revenue do both EA and Valve have?

If their gaming revenue is 6.5 their total revenue is about 6.5 no?

@[email protected]
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22Y

Being a marketplace for other people’s games would probably be classified as a different type of income, specially if steam sells software that’s not games (which it does).

@[email protected]
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12Y

I’ll grant that a looot of valve’s revenue is from marketplace & steam store, and sure they sell other products but it’s a drop in the bucket vs gaming. It’s effectively a service for gamers. It’s probably not considered gaming revenue for accounting/internal politics reasons.

I would wager that if it were possible to, you’d be able to link a vast majority of valve’s revenue to the purpose of gaming. Reality vs financial reality?

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2Y

According to Wikipedia, Steam made over 3 billion in 2017, but they also earn from microtransactions primarily in Dota 2 and CS:GO, which continue to be some of the most played games on Steam.

@[email protected]
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12Y

I think they’re trying to say that if it was total revenue, valve should have way bigger numbers

https://www.ea.com/games/library/mobile

Mobile games are huge.

@[email protected]
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12Y

But Google that high? I wouldn’t have expected as high considering Apple (another one who takes a cut of mobile gaming) isn’t.

Voytrekk
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12Y

Google isn’t that much higher and has a larger global market share.

RxBrad
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582Y

Valve pockets 30% of almost every PC game sale by every company ever.

Honestly, I’m surprised that number isn’t higher.

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282Y

The really impressive thing about Valve is the amount of revenue they make with a relatively small head count. They have about 1/10 the number of employees as EA.

Omega
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72Y

What was the last game they made prior to Half-Life Alyx? Portal 2?

@[email protected]
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62Y

Nah it was that shitty dota card game.

@[email protected]
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92Y

Cs:go, dota 2, artifact and underlords i think.

I guess this is estimated revenue through game sales, otherwise i’d think activision-blizzard(candy crush) and valve(steam cut, dota and cs micro transactions, steam market) would be higher.

And of course MS has an interest to undervalue some companies compared to sony and nintendo

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192Y

Seems about right. They don’t have a complete monopoly and the industry seems to be making most of their money off micro-transactions these days instead of sales, something valve takes no cut of outside there own games. Meanwhile apple and google do have monopolies and take a cut of micro-transactions which accounts for there significantly larger revenue.

hh93
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12Y

deleted by creator

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32Y

It might be. It’s hard to know since Valve isn’t a public company, so it’s all estimations and guesses.

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