Epic predicted it would recoup the cost of launching the Epic Games Store by 2024, according to a strategy meeting in June 2020. Now it has reconsidered this, claiming it will only recoup 87 percent of its costs in this time frame.
Yesterday (December 6) Reddit user u/alwaysbunnyhopping searched through Epic’s updated information to find the discrepancies in its financial documents. Even though in 2019 and 2021 the online storefront made $20 million (£15 million) and $27 million (£20 million) respectively, it still lowered its predicted earnings for the years up to 2024.
The documents were made public following the Apple lawsuit. In it Apple claimed that Epic was trying to monopolize the market by adding its own payment method to its free-to-play title Fortnite, subverting the app store costs. The addition of this method led both Apple and Google to remove Fortnite from their platforms. While Apple largely won the lawsuit, the court refuted the claims that Epic was attempting to create a monopoly for its game.
