Google spent tens of millions of dollars bringing big games to their platform
The gaming industry has >$100 billion of revenue per year. Surely these kinds of costs are/were expected. Microsoft famously lost money on every Xbox sold for many years.
The gaming industry has >$100 billion of revenue per year. Surely these kinds of costs are/were expected. Microsoft famously lost money on every Xbox sold for many years.
According to a Bloomberg article from January 2017 (just before the release of the Switch) concerning Nintendo's yearly earnings report,
> While game consoles are usually sold at a loss early in their life cycles, the Switch will be profitable from the start, Nintendo said.
Link: https://web.archive.org/web/20170131084504/https://www.bloom... (the URL also works without web.archive.org, but the current version contains a paywall)
You are correct, the most technical correct. However a more closer to reality is > dozens of trillions USD. Remember, gaming industry is bigger than both movie AND music industry combined.
As of 2018, video games generated sales of US$134.9 billion annually worldwide.