Epic vs. Apple/GoogleView more stories
We would like to show you a description here but the site won’t allow us. And even if a game like Control can cover that advance (which would take roughly 200,000 sales at full price), plenty of lesser-known exclusives probably fail to earn back their generous guarantees. Build your Jigsaw puzzle with the difficultly level you want play. Set the difficulty you want to complete this with. Either easy, normal or expert. People can now check here for the Best Game Apps To Earn Real Money when you play games Online. Check those top 10 best game apps to earn money here. Cointiply: Earn money in Bitcoin; 2. MooCash -Pays You With A Swipe and Tap; 6. Google’s Opinion Rewards; 7. Make money and get healthy; 8. Watching TV or listening to music; 9. Make money by Downloading Android apps; 10. Taking Photos on Android & make money.
The bitter court fight between Apple and Epic is primarily focused on the mobile-gaming landscape and Apple's iron-fisted control of the iOS App Store. But recent court filings in that case have also given the public a rare glimpse into just how much money Epic is throwing at the Epic Games Store as it struggles to make a dent in the PC marketplace.
The raw numbers, as reported in a 'Proposed Findings of Fact and Conclusions of Law' document Apple filed last week, show massive incurred and projected losses for Epic's game download hub, which launched in late 2018. Documents and testimony from Epic itself show a $181 million loss for the store in 2019 and projected losses of $273 million in 2020 and $139 million in 2021.
You might think Epic is incurring those losses because it only takes a 12 percent cut of third-party game revenues, compared to the industry-standard 30 percent cut on other digital storefronts. On the contrary, though—in its own court filings, Epic says that 12 percent revenue chunk has been 'sufficient to cover its costs of distribution and allow for further innovation and investment in EGS.'
The main driver of EGS' losses, instead, is Epic's generous program of 'minimum guarantees.' These encompass the advance payments Epic has used to attract so many timed exclusives to its storefront and seemingly also cover the free games Epic makes available to Epic Games Store users every week.Those kinds of deals can be quite expensive for Epic; Control publisher 505 Games reportedly got over $10 million in guaranteed upfront payments from Epic for that game's EGS exclusivity. And even if a game like Control can cover that advance (which would take roughly 200,000 sales at full price), plenty of lesser-known exclusives probably fail to earn back their generous guarantees.
Epic also said last year that EGS users claimed over 749 million copies of free games in 2020. Those games would be worth billions of dollars if sold normally, even at reduced prices (though Epic likely paid much less than that to secure the free download giveaways in bulk).Advertisement
Add it all up, and Epic ended up paying a whopping $444 million in minimum guarantees in 2020, according to Apple's court filing (though that number could theoretically include future exclusives or free game deals). By contrast, Epic announced last year that players spent only $265 million on all third-party Epic Game Store games combined in 2020. In court documents, Epic also said it has paid out a total of over $700 million to third-party EGS developers so far. That suggests Epic has earned just $95 million through its standard 12 percent EGS revenue share.
It doesn't take a budgeting genius to realize that spending $444 million on minimum guarantees in one year to earn just $95 million in just over two years is not a sustainable business. Indeed, Apple notes that 'Epic has acknowledged the incentives and investments it has made in an attempt to grow EGS will result in... at least $330 million in unrecouped costs from minimum guarantees alone.'
They can afford it
Of course, Epic isn't throwing all that money around just for its health. Epic sees spending money on timed exclusives and free games as the best way to convince PC gamers to give the new Epic Games Store a chance.'There are two ways to bring users into something,' Epic Games co-founder and CEO Tim Sweeney told Ars in 2019, just after the launch of the Epic Games Store. 'You can run Google and Facebook ads and pay massive amounts of money to them. But we actually found it was more economical to pay developers [a lump sum] to distribute their game free for two weeks... We can actually bring in more users at lower cost by doing all these great things for great people rather than paying Google and Facebook.'
That effort is starting to work. Last June, Sweeney told PC Gamer that EGS had about 15 percent of the PC gaming market. That's not great, but it's not bad considering the near-monopoly power Steam has in PC gaming downloads (Sweeney estimated Steam's share at 90 percent in 2019, though that could be a bit inflated).Advertisement
Epic also says over 31 million people used the Epic Games Store daily by the end of 2020. That's lower than the 62.6 million daily users claimed by Steam, but it's not a bad foothold for a store that launched just a little over two years ago.
And if those customers are primarily coming to EGS for the free games and expensive exclusives for now, Epic seems OK with that. In its court documents, Epic says it expects EGS to be profitable by 2023 and that current losses are mainly because it has 'front-loaded its marketing and user acquisition costs to gain market share.'
(Apple notes in its court documents that 'Epic does not expect EGS to have accumulative gross profit before 2027,' a difference that likely has to do with Apple taking current losses into account in measuring 'accumulative' lifetime profits.)
Even if you accept Epic's timetable, the Epic Games Store could easily be responsible for $750 million in losses (or more) before it ends up generating even a dollar of profit. That's a pretty expensive gamble, even if the potential reward (i.e., a slice of the lucrative PC market) might be worth the risk.
But it's also a gamble Epic Games is perfectly equipped to shoulder, for the time being. That's largely because of Fortnite, a game that was still reportedly making $400 million in revenue per month as of last April, nearly three years after its launch. Epic's willingness to take risks is also due to the Unreal Engine, which brings in a 5 percent royalty on sales from dozens of blockbuster games ranging from Yoshi's Crafted World to Mortal Kombat 11.
Put those together, and you have a company making $3.85 billion dollars in gross profit on $9.625 billion in revenue, according to court documents. For a company like that, spending a few years and nearly a billion dollars in losses on a new PC gaming storefront probably feels like dropping pocket change in the tip jar.
You pay for some app’s in the app store or you buy in-app purchases. But did you know you could earn cash by using apps for things like watching tv, exercising, downloading apps or as simple as taking photos.
Check out best ways to make money with Android phones that you didn’t know. Try out the apps you feel will be suitable for you and start earning.
Android Apps That Earn You Money
- Android Apps That Earn You Money
1. Cointiply: Earn money in Bitcoin
Cointiply is a mico task website that let you earn free Bitcoins for doing tasks such as:
- Play games
- Install Apps
- Filling surveys
- View ads
and many more.
Games You Can Win Money Online
You will be earning Satoshi (Fraction of Bitcoin) for every task that you accomplish. You can further convert this earned Bitcoin into hard cash using these websites:
- WazirX (For India)
- CoinBase (For Global audience)
- Binance (For everything else)
Word Games To Earn Money
Their Android app makes it easy for you or anyone in that matter to enjoy the concept of making money from Android apps.
Swagbucks let you a complete variety of activities that let you earn money. They are available online as a web app and also a mobile app “SB Answer – Surveys that Pay” which you can use on your Android phone.
Here are a few activities that you can do on this Android earning app.
- Answer questions
- Playing games
- Watching videos
You will be earning points called “SB” which can be redeemed as $3 – $25 gift cards for Amazon, PayPal, Target, Walmart, and Starbucks.
This is an interesting Android app that can be used by anyone from India. Here you can select tasks from various tasks & complete it to earn money.
You need to create an account using Facebook & do verify your mobile number for getting paid better than others. Just for joining you will earn points.
4. Perk app
Perk is a popular platform which offers various ways for you to complete a task on your Android phone and earn rewards point.
You can watch videos, play games, visit websites, search the web and other activities to earn. You can use the giftcards for various stores including target, PayPal, Walmart to name a few.
What I liked the most about Perk ecosystem is Perk.tv which let you make money by watching videos on Android phone. This is the least effortless way to earn from an Android phone.
5. MooCash -Pays You With A Swipe and Tap
MooCash mobile app lets you earn money with your Android cellphone or tablet simply by using the screen locker. This free screen locker reward users for unlocking their mobile screen, by swiping left to claim an offer.
Free Games Earn Real Money
Users earn coins which can be redeemed into the cash via PayPal or Google Reward Card when they swipe to claim an offer. To claim an offer, they have to download the promoted app or watch a short video.
With 2,000 coins you can already redeem $2 via Paypal. You can also earn iTunes, Amazon, Google play gift card.
Download Moo Cash (Use Referral code: APX3OK to get 20 free coins) (O as in Orange)
6. Google’s Opinion Rewards
From the company which owns the Android operating system, comes an amazing app called Google Opinion Rewards available only for Android.
The app gives you Google Play reward points but not cash, which you can redeem only on Google services like downloading Android Apps, Music, Movies, Books, etc. from the Play store.
Once you install and sign up, Google gives you a few 20-30 surveys every week to complete. You need to give your opinions and reviews about the products, which in turn will be given to the companies for insights. Credits vary from few 0.1 cents to 2 dollars. But the main point to note is this service is from Google whom you can trust and try with your eyes closed.
7. Make money and get healthy
Ever wondered how you could get healthy as well as get paid for being healthy?.
Well, this app called Pact.
Available for both Android and iOS, the app works if you set your goals based on your capacity and you achieve them, you are well on your way making some money with your Android Phone.
But if you miss out on the goals, you will need to pay out to other users who are achieving their goals.
Well if you consider yourself lazy, you might want to stay away from this.
8. Watching TV or listening to music
Games We Can Earn Money Online
Note: This app is not available anymore.
If you don’t have the ability to predict or matches, but can you watch them?. Yup!!!.
This app lets you gain reward points instantly for just watching tv shows or listening to music albums. Available for both Android and iOS, you will simply need to open this app and use it to recognize any of your favorite music or TV show. You will get the reward points instantly.
Also, there is a feature called Viggle Live, where you can earn points by answering questions or polls while the show is currently live. You can later redeem these points for gift cards but on a limited number of outlets.
9. Make money by Downloading Android apps
Earn money is a cool Android app that will pay you for downloading apps. Either free or paid(higher pay). Also, the app has alternatives like watching a video or completing a survey to earn money. Since the pay is low, you can consider this if you have a lot of free time and also good Internet connectivity for downloading apps and ads.
10. Taking Photos on Android & make money
Got a Smartphone?. Great. That’s all you need for this to fetch you some money. Scoopshot will pay for people taking photos at any event happening in that area. These photos in turn will be used by media journalists and websites ranging from small to large scale media.
From what the idea is brilliant and be ready anytime with this. You may never know when something just happens in front of you, or you are going to a major event. You can download the Android version here.
Games We Can Earn Money At Home
We have tried to cover some major and easy to earn techniques using your Android phone. If you would like to share any tricks or techniques, let us know by your comments. Don’t forget to share this post with other Android users, they will thank you later.