While we don’t have actual numbers, mobile analytics firm Sensor Tower predicted that Fortnite on iOS alone brought in around $1.2 billion in revenue before it was pulled from the App Store. in 2018 alone, and $4.2 billion in 2019. During testimony at today’s hearing, Epic CEO Tim Sweeney confirmed that Epic Games made $5.1 billion in dollars in 2020. This is a major increase from the company’s projections listed in the financial document of just $3.6. billion for the year, with revenues likely to benefit from a significant increase in stay-at-home orders thanks to the COVID-19 pandemic. Sweeney also confirmed that Fortnite now has 400 million registered users in total.
Sweeney confirmed during today’s hearing that he doesn’t expect the Epic Games Store to turn a profit for at least three to four years.
The Epic vs. Apple showdown in a California court began today, with both sides delivering opening remarks earlier this morning before Tim Sweeney was called to testify. The trial is expected to continue for three weeks before a verdict is delivered.
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