Tech News Feed by Milkyweb Technologies

Tech News from all over the world from reliable sources.

Fortnite made greater than $9 billion in income in its first two years


Illustration by Alex Castro / The Verge

After a meteoric rise to reputation in 2018, Fortnite generated greater than $5 billion in its first yr for Epic Video games, new monetary paperwork reveal. The doc, made public as a part of Epic’s court battle with Apple over the latter’s App Retailer practices, exhibits that the sport introduced in additional than $9 billion whole for Epic in 2018 and 2019.

The doc doesn’t break down how a lot Epic particularly profited from Fortnite, however the firm reported greater than $5.5 billion in revenue from the two-year interval.

Within the doc, the corporate predicted that it could have virtually $3.6 billion in income for 2020. Epic doesn’t normally publicly present monetary statements, however CEO Tim Sweeney’s recent testimony signifies that it truly made a lot…

Continue reading…





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top