Epic Games Store: The blind is not profitable and would not be before 2027 with the best
Several cases of the case Apple vs EPIC, which continues to take place in California, give valuable information on the state of health of the two companies. This is what the Defense on the side of Apple who led a study on the EGS:
Epic Games Store is not profitable and is not comparable to the App Store.
It will not be profitable before at least several years or never. EPIC lost about $ 181 million on EGS in 2019 . EPIC planned to lose about $ 273 million on EGS in 2020. Indeed, EPIC hired $ 444 million in minimum guarantees for 2020 only. [...]
At best, EPIC does not expect that CEGS has a cumulative gross benefit before 2027.
We therefore learn, in particular, that EPIC plans to lose about $ 139 million in 2021 . If we take the lowest numbers, this is an investment of $ 493 million from EPIC since 2019.
Obviously (and fortunately for the company) it seems to be offset by large money returns and the big investments in games like Fortnite. Nevertheless, it remains that it seems to be a real financial chasm. Until when ?
[Via]
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