Apple Made More Money on Games Than Xbox, Sony, Nintendo and Activision Combined in 2019 - IGN (2024)

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Apple Made More Money on Games Than Xbox, Sony, Nintendo and Activision Combined in 2019 - IGN? ›

Apple made over $8 billion on games in 2019.

Apple's profits from gaming outweighed those of major game companies, according to a report, with Apple earning more from App Store games in its 2019 fiscal year than Nintendo, Microsoft, Activision Blizzard, and Sony combined.

Analysts, however, estimate that Apple made more money from gaming than Microsoft and Nintendo in 2021. According to a report by Apple Insider, analysts at New Zoo estimate that Apple's gaming revenue in 2021 was close to $15.3 billion.

Big 3 net revenues, Fiscal Year 2023 aligned

PlayStation made $11.3 billion more than Xbox, and $14.7 billion more than Nintendo.

The PlayStation 2 was first released in 2000 in response to Sony's hugely popular original PlayStation. The PS2 has become the best-selling video game console of all time. As of February 2024, it had sold over 158 million units worldwide.

We estimate that Apple, the #3 public company by game revenues, generated $6.9 billion in H1—a +3.2% year-on-year jump. Apple takes roughly 30% of all game sales and in-app purchase revenue via its App Store.

Microsoft sold 7.6 million next-gen systems this year, recording a 15 per cent drop from 2022. Meanwhile, PlayStation 5 sales increased by 65 per cent to reach 22.5 million units sold.

What is Apple's biggest profit? ›

Even today, the iPhone is Apple's biggest moneymaker, generating $69.7 billion of revenue in the latest fiscal quarter (Q1 2024 ended Dec. 30), or 58% of the company's total. There's no question that the business is still well-known for this product, as well as other devices like the MacBook, iPad, AirPods, and Watch.

iPhone Statistics

iPhone is Apple's most valuable product and has, since 2008, been its main source of revenue.

Comparatively, in the fiscal year of 2022, hardware-focused Apple's 394.33 billion U.S. dollar revenue was almost double the amount of Microsoft's 198.27 billion U.S. dollars. Whereas all of these companies have different market strengths, there are also overlaps and thus, competition.

Microsoft is neither exiting the console market nor taking all its games multiplatform, as whipped-up rumour mongers had wildly speculated. And the (excellent value) Xbox Game Pass subscription service is remaining exclusive to Xbox and PC.

Sony's net worth is significantly lower than Microsoft's. Sony's net worth is estimated to be around $70.9 billion, while Microsoft's is estimated to be around $1.6 trillion.

Game Consoles

Now, the Nintendo Switch, which has only been on the market for six years, has a real shot of dethroning Sony's iconic console. As of December 31, 2023, Nintendo had sold more than 139 million units of the Switch, adding 15 million between April and December of last year.

The year's highest-grossing games included Fortnite, Honor of Kings/Arena of Valor, Dungeon Fighter Online, League of Legends, and Pokémon Go.

Despite only being released in October 2018, Red Dead Redemption 2 ended the year as the top-selling console game, with almost 14 million units sold worldwide for PlayStation 4. A further 5.77 million copies of the game were sold for Xbox One, bringing the total to almost 20 million for the year.