Fortnite was released in 2018, with game revenue exceeding 9 billion U.S. dollars, or more than Rs. According to the financial documents disclosed by Epic in the court case against Apple, its revenue for the first two years was 664.48 billion rupees. Epic and Apple are currently in a lawsuit over App Store practices and regulations. As part of the court battle, new financial documents have been publicly released and show the revenue generated by Fortnite. Epic is expected to bring in total revenue of US$3.5 billion (approximately Rs 25,855 crore) in 2020, but its revenue is reported More than 5 US dollars a billion rupees (about 368.98 billion rupees).
Epic has filed a lawsuit against Apple over Apple’s App Store policy, demanding that Apple developers reduce the price cuts of the Cupertino giant by 30%. Now, as reported by The Verge, new financial documents from Epic have appeared in court, and these data reveal the earnings of developers and digital game stores in 2018 and 2019. Fortnite, Epic’s largest asset, brought in more than $5.4 billion (approximately Rs 39,900 crore) in revenue. The revenue in the first year (2018) exceeded US$3.7 billion (approximately Rs 27,340 crore), and the total income in the second year exceeded US$9 billion (approximately Rs 66,448 crore). Its other games achieved 8 million U.S. dollars (approximately 5.9 billion rupees) in 2018 and 100 million U.S. dollars (approximately 738 crore) in 2019.
Fortnite is Epic’s largest property, which can be clearly seen from the financial documents. It includes a free battle royale game mode, which is the most popular of the three modes. It provides in-app purchases of many cosmetics, such as character and weapon skins, glider skins, etc. Epic’s development engine achieved US$124 million (approximately Rs 9.15 billion) in 2018 and US$97 million (approximately Rs 7.16 billion) in 2019. Epic Games Store achieved US$2 million (approximately Rs 14.76 billion) in 2018 and achieved significant growth. Revenue in 2019 was US$233 million (approximately Rs 17.2 billion).
Epic’s total revenue in 2018 was US$5.6 billion (approximately Rs 41,343 crore), which was down 25% in 2019 to US$4.2 billion (approximately Rs 31,007 crore). According to the forecast for 2020 in the document, it is said that Epic will bring in revenue of 3.5 billion US dollars. but, tweet The writer of the New York Times reported on the Epic and Apple case. Epic CEO Tim Sweeney said that the company’s revenue in 2020 was US$5.1 billion (approximately Rs 37,674 crore).
As for Fortnite on the App Store, the game was released on iOS in 2018 and earned approximately US$1 billion (approximately Rs 7,387 crore), 30% of which must be paid to Apple. Due to the introduction of its own billing system, the game was removed from the App Store in August 2020, and there was no sign of return at that time. In November of last year, Apple reduced the App Store commission rate to 15% for developers whose annual sales of all its apps reached US$1 million (approximately Rs 7.38 million).