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Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-17 04:32am
by The Grim Squeaker
Nice :D. It seemed obvious to me that Valve must be racking in cash thanks to Steam (There are more PC and Mac gamers than iOS gamers to put it simply :P), but it's cool to see it confirmed. Now if only they'd let me preorder Portal 2 :D.
The Examiner wrote:Anyone who has spent even the most slight amount of time with a controller in their hands or resting fingers comfortably on a keyboard and mouse will be aware of Valve and the sheer amount of excellence they have brought to the gaming industry for a number of years. Half-Life, Counter-Strike, Team Fortress, Portal and Steam - just to name a few - are what anyone who calls themselves a gamer could easily tout as revolutionary to the masses that stumble along between casual games, and for good reason. They're all classics.
So, it should come with little surprise that, according to Forbes, Gabe Newell is well on his way to being one of the wealthiest men in gaming. In an age when console gamers would have many believe that the PC was on it's way out the door, Newell and Valve's Steam stand as sentinels of the platform, offering a ridiculous amount of content to the 30 million users. With the lion's share of the downloadable market on the PC, it's no wonder that Steam has become the go-to for many and an incredible financial opportunity for Newell and Valve.
"Valve announced last October that it was on track for its biggest year ever, with 200% year-over-year growth. Newell says that, per employee, Valve is more profitable than Google and Apple. A potential buyer was rumored to have made an acquisition offer a few years back for the Steam piece only, but Newell supposedly refused to split the online storefront from Valve's game-publishing arm. (Valve denies being made an actual offer, only confirming that it received interest in both Steam and Valve in the past.)"
While the 250-person company is only valued at somewhere between 2 and 4 billion dollars, which pales in comparison to Zynga with an estimated valuation at 4 to 6 billion it still does little to hamper the simple fact that Gabe Newell currently owns more than half the PC download market, making him just shy of being a billionaire if he isn't one already. Not too bad for a Harvard dropout.
[Source: http://www.forbes.com/forbes/2011/0228/ ... ayhem.html]

Re: Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-17 05:50am
by weemadando
The Grim Squeaker wrote:Nice :D. It seemed obvious to me that Valve must be racking in cash thanks to Steam (There are more PC and Mac gamers than iOS gamers to put it simply :P), but it's cool to see it confirmed. Now if only they'd let me preorder Portal 2 :D.
Why would you do that?

Go into your local gamestore when it comes out, buy the PS3 version, get the steam code from it and install and then return the PS3 game to get something you really want.

Free copy of Portal 2 confirmed.

Re: Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-17 06:38am
by The Grim Squeaker
weemadando wrote:
The Grim Squeaker wrote:Nice :D. It seemed obvious to me that Valve must be racking in cash thanks to Steam (There are more PC and Mac gamers than iOS gamers to put it simply :P), but it's cool to see it confirmed. Now if only they'd let me preorder Portal 2 :D.
Why would you do that?

Go into your local gamestore when it comes out, buy the PS3 version, get the steam code from it and install and then return the PS3 game to get something you really want.

Free copy of Portal 2 confirmed.
Game stores in Israel don't do returns. Also, if the code is in the game then I couldn't access it, due to not having a PS3.
Anyway, if I wanted to game the system, then I wouldn't be planning to legally purchase the game :P.

Some companies/games deserve my money! Valve (and some indie publishers on steam) are definetly that :D

Re: Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-17 11:41am
by General Zod
weemadando wrote:
The Grim Squeaker wrote:Nice :D. It seemed obvious to me that Valve must be racking in cash thanks to Steam (There are more PC and Mac gamers than iOS gamers to put it simply :P), but it's cool to see it confirmed. Now if only they'd let me preorder Portal 2 :D.
Why would you do that?

Go into your local gamestore when it comes out, buy the PS3 version, get the steam code from it and install and then return the PS3 game to get something you really want.

Free copy of Portal 2 confirmed.
Since when do PS3 codes work with Steam? :wtf:

Re: Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-17 02:48pm
by Zac Naloen
If you buy Portal 2 for Ps3 you get it for free on PC and Mac, was announced a couple of weeks ago

Re: Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-17 06:53pm
by ShadowDragon8685
The Grim Squeaker wrote:Nice :D. It seemed obvious to me that Valve must be racking in cash thanks to Steam (There are more PC and Mac gamers than iOS gamers to put it simply :P), but it's cool to see it confirmed. Now if only they'd let me preorder Portal 2 :D.
Allow me to make you happy.

I'm just wondering if this means HL2:Ep3 is on the horizon, too.

Re: Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-18 01:01am
by The Grim Squeaker
Yeah, I saw the preorder a few minutes after I posted this yesterday.
Preordered and waiting!
Thanks anyway :)

Re: Valve Beats Google, Apple For Profits Per Employee

Posted: 2011-02-21 12:13pm
by Molyneux
Not particularly surprising, though it's always disheartening to hear just how freaking much money Zynga is making.