{"id":10043,"date":"2011-02-14T15:32:00","date_gmt":"2011-02-14T13:32:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T22:00:00","slug":"steam-more-profitable-than-google-and-apple-per-employee","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/pc\/10043-steam-more-profitable-than-google-and-apple-per-employee","title":{"rendered":"Steam more profitable than Google and Apple (per employee)"},"content":{"rendered":"<p>Valve head Gabe Newell has shared some details with <a href=\"http:\/\/www.forbes.com\/forbes\/2011\/0228\/technology-gabe-newell-videogames-valve-online-mayhem.html\" target=\"_blank\">Forbes<\/a> regarding his digital empire, Steam, and just how successful the world&rsquo;s biggest game platform actually is.<\/p>\n<p>Without giving any numbers, Newell confirms that his company is &ldquo;tremendously profitable&rdquo;, even more so than Google and Apple per employee. With just 250 employees, Valve&rsquo;s worth is estimated at between $2 billion and $4 billion, according to Forbes.<\/p>\n<p>With over 30 million active Steam accounts, and 1200 games available from the service, Steam enjoyed a 178 percent year-on-year sales growth last year. According to Forbes, publishers earn a gross margin of around 70 percent on Steam, whereas they only take about 30 percent from retail shops.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So not actually, but still<\/p>\n","protected":false},"author":161,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-10043","post","type-post","status-publish","format-standard","hentry","category-pc"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/10043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/161"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=10043"}],"version-history":[{"count":0,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/10043\/revisions"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=10043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=10043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=10043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}