Microsoft estimated Valve’s revenue in 2021 at $6.5bn Interesting to see another view on the scale of Valve’s business

My understanding is that, because they're a private company, all we can do is vaguely guess

Interesting to see Valve at 6.5 bn, I would have guessed they were higher given the extent of Steam as a distribution platform. But I guess that makes sense some other companies have a myriad of other digital and physical products, where Valve has only their small slice in both (Half Life, Counter Strike, L4D, Ricochet for digital, and Steam Deck, Index, some merchandise for physical)

An interesting thing to note is how big mobile gaming is when compared to PC gaming.

Apple and Google are largely on here because of their 30% platform cut (this chart only tracks gaming revenue). Steam takes the same cut yet has less than half the revenue.

(Note that while Tencent and NetEase are largely mobile publishers, they are not exclusively mobile publishers - League of Legends is owned by Tencent.)

How is Sony's profit that much bigger than Nintendo? Basically everyone and their grandmother has at least 1 switch + games. Genuinely curious.

It's interesting to me that Amazon isn't on this list. AWS is massive, it's the biggest cloud provider in the world and Luna still exists.

Most of those profits from Ricochet, obviously.

Why is Microsoft, of all groups, monitoring Valve’s profits? That seems kinda weird to me, as though it’s overstepping some sort of boundary.