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Apple achieved the third highest revenue from games in 2021, overtaking Microsoft and Nintendo

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In 2021, Apple ranked third in gaming revenue among global public companies, just behind Sony and ahead of Microsoft.

According to analysts at NewZoo.

Tencent, a Chinese company that owns titles such as ‘League of Legends’ and ‘PUBG Mobile’, took the top spot. The company earned $32.2 billion in 2021, up 9.9% from the previous year. Sony took second place with $18.2 billion in revenue, although that was down 2.3% year-over-year.

Alongside Google, Apple is one of the largest holders of mobile gaming platforms. Although Apple has its own gaming department, the vast majority of its gaming revenue undoubtedly comes from third-party games on the App Store.

Apple and Google take between 15% and 30% of app and in-app purchases on the platform.

The report notes that hardware-centric deals like Microsoft, Sony, and Nintendo haven’t grown as much as expected. Supply chain pressures hampered all three.

However, it also indicates that major mergers and consolidations will impact the 2022 calendar if all materializes. Sony has just acquired Fate developer Bungie, and Microsoft buys Activision/Blizzard.

This isn’t the first time Apple has overtaken traditional game companies. In 2019, the Cupertino tech giant reportedly earned more from gaming than Nintendo, Microsoft, Activision-Blizzard and Sony combined.

Apple does not break down revenue by individual app categories into its overall service revenue. However, gaming is known to be a massive revenue stream for the company’s service segment.