Epic Games seems to understand that given its leadership position and massive current user base, Steam is only suitable for gaming if you have games that you cannot play on Steam – at least for a period of time. Exclusivity deals with third party companies cost money, and it looks like Epic Games is losing a ton of money to make that exclusivity possible. Epic Games CEO Tim Sweeney doesn’t seem to be concerned about this, however. In fact, he seems pretty proud of it.
As discovered by PC playerDespite paying approximately $ 444 million for “minimum warranties” on third-party games for the Epic Games Store in 2020, sales of all third-party games for the year were approximately $ 265 million. Apple said that Epic Games lost around $ 181 million on the Epic Games Store in 2019, bringing the total losses to over $ 300 million so far if those numbers are correct. Big games like Metro Exodus and Control were first released on EGS before later making their way to Steam. At that time, the respective game companies were criticized for this decision, especially at Metro. It has since become a fairly common practice.
Metro Exodus – Official Launch Trailer
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Apple used these numbers in a statement as part of its lawsuit against Epic Games, stating that the service is unprofitable and lacks security features that are included in Apple’s App Store. It has been suggested that most of Epic Games’ Fourteen days Revenue is also generated on platforms other than iOS, which would apparently mitigate the effect that the game is no longer available there.
Epic Games CEO Tim Sweeney doesn’t seem the least bit concerned about the loss of revenue. He confirmed Apple’s estimates on Twitter, noting that it was an investment in the business and “a fantastic achievement in reaching gamers with great games.”
These loss numbers are still relatively small overall compared to Epic Games. The company was valued at more than $ 17 billion last August after securing additional funds. And although Fortnite has not been available on iOS for months, it can continue to be successful on other platforms.
The trial of Epic Games against Apple begins on May 3rd. The result could determine not only whether Fortnite can return to Apple devices, but also whether Apple can retain the monopoly on digital purchases on its platform.