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[Tech Report] Report: Steam generated $1 billion in sales in 2010 - Page 6

post #51 of 75
I am not surprised.
That december christmas+new year sale was real good, too bad I did not have any money in my bank but all was in my hands as cash..
    
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post #52 of 75
valves a great company, I doubt they'd screw this up.
post #53 of 75
Quote:
Originally Posted by mtbiker033 View Post
but is this why valve has really stalled out on creating a new graphics engine and new games? have they turned into just an electronic store?
Portal 2 is going to be released this year and it will use updated source engine or atleast it looks like it in gameplay videos
post #54 of 75
This year should be better since they are releasing two of their own games which will sell most likely very well. The amount of great games coming out this year seem to me to dwarf last years.
post #55 of 75
if steam generated 1 billion. Then we take retail sales, then we take the other other online services like impulse and D2D.

Yeah looks like PC gaming is dead.
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post #56 of 75
I saw this video on G4 about 5 months ago. The video says it was added 12/07, but you can see there are comments on it from September. I know I saw it then or even before.

The fact that PC gaming isn't dead and that we will just be transitioning from brick-and-mortar to digital distribution is no surprise. This path has been obvious for quite a while now.

They're just "drama queens trying to create news", as said in the video.

http://www.g4tv.com/videos/48866/The...-Chris-Taylor/
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post #57 of 75
as several people have already mentioned, this is a sales figure, not profit. completely different things. the bottom line is what matters. the article does not say anything about their bottom line. you have to keep in mind the obvious... Steam does not get to sell the games for free, they need to pay game developers for every game they sell...

no doubt Steam is profitable, but they did not make 1 billion in profit.

<---master in accounting, MAcc USC and PHD in common sense
post #58 of 75
Quote:
Originally Posted by Spicy61 View Post
as several people have already mentioned, this is a sales figure, not profit. completely different things. the bottom line is what matters. the article does not say anything about their bottom line. you have to keep in mind the obvious... Steam does not get to sell the games for free, they need to pay game developers for every game they sell...

no doubt Steam is profitable, but they did not make 1 billion in profit.

<---master in accounting, MAcc USC and PHD in common sense
You expect people to differentiate between revenue and earnings? Good luck...
    
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post #59 of 75
"generated $1 billion in sales" does not imply profit, and I have not read anyone explicitly implying that it is. Maybe stop assuming that everyone is an idiot.
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post #60 of 75
I wish they'd offer a 24 hour refund on games that don't have demos. Android does it, it can't be much harder for steam.

Although it could be a case of the partners don't want them do.
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