this post was submitted on 19 Sep 2023
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Steam

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Steam is a video game digital distribution service by Valve.

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[–] NENathaniel@lemmy.ca 20 points 1 year ago

My understanding is that, because they're a private company, all we can do is vaguely guess

[–] Russianranger@lemmy.world 17 points 1 year ago (1 children)

Interesting to see Valve at 6.5 bn, I would have guessed they were higher given the extent of Steam as a distribution platform. But I guess that makes sense some other companies have a myriad of other digital and physical products, where Valve has only their small slice in both (Half Life, Counter Strike, L4D, Ricochet for digital, and Steam Deck, Index, some merchandise for physical)

[–] ThePac@lemmy.ml 8 points 1 year ago

It probably is higher. Much higher.

[–] EnglishMobster@lemmy.world 7 points 1 year ago* (last edited 1 year ago)

An interesting thing to note is how big mobile gaming is when compared to PC gaming.

Apple and Google are largely on here because of their 30% platform cut (this chart only tracks gaming revenue). Steam takes the same cut yet has less than half the revenue.

(Note that while Tencent and NetEase are largely mobile publishers, they are not exclusively mobile publishers - League of Legends is owned by Tencent.)

[–] Firipu@startrek.website 3 points 1 year ago (2 children)

How is Sony's profit that much bigger than Nintendo? Basically everyone and their grandmother has at least 1 switch + games. Genuinely curious.

[–] toybastard@lemmy.world 5 points 1 year ago (1 children)

Sony makes a lot more things than video games. Ever see the prices on one of their cameras?

[–] hot_milky@lemmy.ml 5 points 1 year ago

This is just gaming revenue, otherwise Microsoft and Apple would clear.

[–] arefx@lemmy.ml 2 points 1 year ago

Most of those profits from Ricochet, obviously.

[–] Defaced@lemmy.world 2 points 1 year ago (1 children)

It's interesting to me that Amazon isn't on this list. AWS is massive, it's the biggest cloud provider in the world and Luna still exists.

[–] EnglishMobster@lemmy.world 6 points 1 year ago

It appears to just count revenue from gaming streams, of which Amazon has very little.

[–] JoshuaSlowpoke777@lemmy.world -2 points 1 year ago (5 children)

Why is Microsoft, of all groups, monitoring Valve’s profits? That seems kinda weird to me, as though it’s overstepping some sort of boundary.

[–] HidingCat@kbin.social 21 points 1 year ago

I didn't expect the Lemmy privacy mindset to go so far; competitor analysis is a thing in business, and when you aggregate such data you can also analyse industry trends and your business's position in it. I don't see why it's a boundary?

[–] zigmus64@lemmy.world 12 points 1 year ago

Myriad reasons. Guarantee Apple, Google, Sony, Tencent, and others on that list maintain a similar list.

[–] folkrav@lemmy.world 5 points 1 year ago* (last edited 1 year ago)

They're both into gaming hardware and game distribution. Companies pretty much always watch what their competition is doing.