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Early_To_Risa@sh.itjust.works

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Valve rocks (sh.itjust.works)

submitted 10 months ago by spez@sh.itjust.works to c/greentext@sh.itjust.works

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[–] Honytawk@lemmy.zip 19 points 10 months ago (4 children)

Well, not every company is shitting money like Valve.

They can afford to do this because of their technical monopoly.

[–] MeanEYE@lemmy.world 19 points 10 months ago (3 children)

Blizzard, Bethesda, Epic, EA and many others have more money than Valve. So what's their excuse for not giving free games? Hell EA earned on micro-transactions for FIFA more than GDP of some countries.

[–] SuddenDownpour@sh.itjust.works 13 points 10 months ago (2 children)

Activision Blizzard annual net income for 2022 was $1.513B

In fiscal year 2022, EA posted GAAP net revenue of approximately $7 billion

Epic Games revenue is $5.76 billion according to figures reported in 2021

Valve generated around USD13 billion in total revenue in 2022

Also,

So what’s their excuse for not giving free games?

Did you really ask this after including Epic?

But these comparisons are ridiculous anyway. Neither of these companies are your friends, and trying to understand their behavior in terms of anything other than profit-seeking is only going to lead to you feeling betrayed. Gamers' obsession with defending Steam is so ridiculous that no one ever disputes the idea that Apple and Google are being abusive with their store policies, but calling out Steam for doing the exact same always brings dozens of people out of the woods who think it's a controversial claim.

[–] LaVilleDuBonheur@lemmy.ca 6 points 10 months ago

You're aware that Revenue and Net Revenue is not the same right?

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