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Apple is already the world's fourth largest gaming company – even above Nintendo

When the App store It appeared almost 11 years ago, no one foresaw the magnitude of the store less than a decade later or the way its creation would decisively influence the course of the technological world and the world as a whole. Even in the video game world, the advent of the store was a blockbuster, as a recent Newzoo survey shows.

According to the firm, Apple today is no less than fourth largest gaming company in terms of revenue. Only in 2018 did Ma generate $ 9.453 billion 18% more than in 2017, which makes the company less powerful than Tencent, a Sony and the Microsoftrespectively in the very competitive universe of video games.

Yes: Apple surpasses even sacred giants such as Nintendo and Electronic Arts in revenue. Following Ma, in order, we have Activision, Google, Netease, AND THE, Nintendo and Bandai Namco composing the Top 10. Other famous names like Ubisoft and Konami, were among the top 35 companies in the industry, but out of the top ten.

Video Game Market Newzoo, 2018

Tencent's domain and the presence of so many mobile-focused companies shows that the golden egg of video games is in fact on smartphones and tablets. According to Newzoo, the segment generated 45% of gaming revenue throughout 2019, with global revenues of $ 68.5 billion. The survey indicates that mobile gaming is set to continue to grow for years to come, while the console gaming market will remain stable and PC gaming will likely continue to shrink in revenue.

times have changed, haven't they?

via AppleInsider