After rising during the COVID-19 pandemic, public trust has fallen to a 20-year lowĬharted: Public Trust in the Federal ReserveĮach year, Gallup conducts a survey of American adults on various economic topics, including the country’s central bank, the Federal Reserve.Gallup conducts an annual poll to gauge the U.S.»>Like this? Then you might enjoy this article on The History of Gaming, by Revenue Stream While Apple ended up winning a majority of the court case, the tech giant was ordered to update their App Store policies, meaning Apple could no longer prohibit gaming companies from directing customers to alternative means of payment. In response, Epic Games countered with a lawsuit, accusing Apple of monopolistic practices and antitrust violations. However, Apple then removed Fornite from the App Store, citing violations to the terms of their agreement. So, in an attempt to bypass Apple’s in-app payment systems, some developers have tried to redirect users to external payment platforms (a competitive tactic called envelopment).Įpic Games tried a version of this by integrating their own payment system into Fortnite. The 30% fee is a financial burden for game developers who sell large volumes of in-app purchases. And because of hefty fees, Apple made more profits off of games than some of the most reputable gaming companies who designed them.įor example, in 2019, Apple generated $2 billion more in operating profit than Nintendo, Microsoft, Sony, and Activision Blizzard- combined.
Note: For fiscal years ending in SeptemberĪs the data above shows, a majority of Apple’s App Store revenue comes from games. Here’s a look at the company’s estimated gaming revenue from 2018 to 2020: YearĪpple’s Estimated App Revenue from Gaming Through this significant fee structure, Apple has seen its gaming revenue steadily increase over the last few years. So how does Apple generate all this money from gaming? A key driver of Apple’s gaming revenue is the 30% fee it collects from all app spending, including in-app purchases, subscriptions, and premium app fees. In 2020, Apple generated an estimated $13.5 billion dollars in gaming revenue-even though the tech giant doesn’t actually make any games or gaming consoles. Visualizing Apple’s Rising Gaming Revenue
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