Woah … no profit until 2027. Someone’s got to eat, right?
Taken from PC Gamer … Various documents have been coming out from the ongoing Apple vs Epic legal case in the state of California, and here’s a full rundown of the core of Apple’s (pretty decent) defense. As part of this, Apple’s lawyers executed what one can only call a drive-by on the Epic Games Store, which Epic’s lawyers had been claiming was comparable to the App Store.
“Epic Games Store is unprofitable and not comparable to the App Store” the lawyers began, rather bluntly, “and will not be profitable for at least multiple years, if ever.” Ouch!
But what’s interesting is that Apple’s legal eagles go on to break down just how unprofitable the Epic Games Store is. “Epic lost around $181 million on EGS in 2019. Epic projected to lose around $273 million on EGS in 2020. Indeed, Epic committed $444 million in minimum guarantees for 2020 alone, while projecting, even with ‘significant’ growth, only $401 million in revenue for that year. Epic acknowledges that trend will continue in the immediate future: Epic projects to lose around $139 million in 2021.”
Source: PC Gamer
