By the numbers: PC gaming giant Valve, Steam

February 14th, 2011

Forbes magazine did a profile on Valve founder and president Gabe Newell last week, in which they liken Steam as the iTunes, Amazon, and Netflix of video games. In case you haven't already processed their dominance, here are some impressive numbers: 

  • 30 million Steam accounts
  • Controls half to 70% of the $4 billion market for downloaded PC games
  • At only 250-heads, the company is more profitable than Google or Apple on an employee basis
  • Growing 200% a year, is "tremendously profitable"
  • Revenues "in the upper hundreds of millions"

So that explains where all my Steam purchases go!

Read more: PC gaming headlines

Comments

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Steam is a natural part of my everyday gaming life.

Set your profile picture as a Creepy Clown. Why? Progress is impossible without change.

1
Posted Monday, February 14th, 2011    Quote This Post
Znuf
Level 7
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267/2147482148, 2147481881 ARP to go
Myself as well.

2
Posted Monday, February 14th, 2011    Quote This Post
Alchemistlord
Level 7
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73/2147482148, 2147482075 ARP to go
Same here, I always have myself logged in Steam whenever my PC's on
Steam sales FTW!

3
Posted Monday, February 14th, 2011    Quote This Post
dodolidot
Level 4
506 ARP
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6/250, 244 ARP to go
I only like purchasing games on Steam. It's just so easy to have everything in one account and their prices are reasonable.

4
Posted Monday, February 14th, 2011    Quote This Post
iGames|Rippey
Makes me proud, go steam XD

@.@

5
Posted Monday, February 14th, 2011    Quote This Post
FuzzyChaos
Level 7
1845 ARP
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345/2147482148, 2147481803 ARP to go
those deals are contagious

zzzzzz

6
Posted Tuesday, February 15th, 2011    Quote This Post
mrpink51089
Level 6
1034 ARP
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34/500, 466 ARP to go
Valve certainly knows their gamers. Those guys rock.

7
Posted Tuesday, February 15th, 2011    Quote This Post
Relyte
Level 2
219 ARP
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119/150, 31 ARP to go
The sales are insane. It makes me buy stuff.

8
Posted Tuesday, February 15th, 2011    Quote This Post
Mwarhead
Level 3
436 ARP
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186/250, 64 ARP to go
I'm always on steam haha, love the deals that they have too, as well as the pre-order discounts they always do for those who can't wait for cheaper deals on new games.

9
Posted Tuesday, February 15th, 2011    Quote This Post
Apples_mmmmmmmm
Level 7
1719 ARP
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219/2147482148, 2147481929 ARP to go
Ah they have made a long way indeed, most of my games are on steam
and that will get on getting bigger, congratulations and keep on
the awesome work Valve!

10
Posted Tuesday, February 15th, 2011    Quote This Post
fantom134
Level 2
139 ARP
39/150, 111 ARP to go
39/150, 111 ARP to go
The iTunes of video games :D

New forums... Soon™

11
Posted Tuesday, February 15th, 2011    Quote This Post
definewikipedia
Level 7
8045 ARP
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6545/2147482148, 2147475603 ARP to go
I used to not like it, but now I have many many games on it and love its convenience.

12
Posted Tuesday, February 15th, 2011    Quote This Post
gneepy
Level 6
1143 ARP
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143/500, 357 ARP to go
When steam first came out most of my friends hated it. It was buggy and bundled updates for CS and TFC that significantly changed the game play (teleporters for TFC and Tactical Sheilds for CS).

Since they really have proven its need and are moving it in the right direction.

13
Posted Wednesday, February 16th, 2011    Quote This Post
Mwarhead
Level 3
436 ARP
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186/250, 64 ARP to go
I love Steam cause they got the digital content idea right. They offer a great update and online community service and their promotions allow gamers to get digital downloads for less than what you would pay for a game in store. I'm now a Steam addict.

14
Posted Wednesday, February 16th, 2011    Quote This Post
Ardkor
Level 2
157 ARP
57/150, 93 ARP to go
57/150, 93 ARP to go
Yea. . . can't think of a day without steam,
if they wassen't here Blizzard King wold be the biggest game site/developer in the gaming world. . an that wold be horroble!!!

15
Posted Wednesday, February 16th, 2011    Quote This Post
OcToN
Level 2
229 ARP
129/150, 21 ARP to go
129/150, 21 ARP to go
Steam is great and I'm glad to know that it will be there to stay for years to come.

If actions speak louder than words, why is the pen mightier than the sword?

16
Posted Thursday, February 17th, 2011    Quote This Post
Kickimanjaro
Level 7
1885 ARP
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385/2147482148, 2147481763 ARP to go
Steam is The BesT

17
Posted Thursday, February 17th, 2011    Quote This Post
Royalxsd
Level 2
102 ARP
2/150, 148 ARP to go
2/150, 148 ARP to go
With their up to 75%-off deals, steam is a real blessing for my bank account :)

18
Posted Thursday, February 17th, 2011    Quote This Post
vile_things
Level 2
168 ARP
68/150, 82 ARP to go
68/150, 82 ARP to go
When Steam first came out there were a lot of doubters, but now there are only supporters, The deals are great and the fact that it is so easy to have your games online to download makes this application one of the best.

19
Posted Friday, February 18th, 2011    Quote This Post
aliencat
Level 7
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1006/2147482148, 2147481142 ARP to go
aliencat said: When Steam first came out there were a lot of doubters, but now there are only supporters, The deals are great and the fact that it is so easy to have your games online to download makes this application one of the best.


Thera are still a lot of dissenting voices out there. Mainly by players who want to able to resell their bought games and I agree that having to bind a product to your account kind of sucks. It would be really cool if we could "unbind" our games so we can lend them to our friends or even sell them again.

20
Posted Friday, February 18th, 2011    Quote This Post
vile_things
Level 2
168 ARP
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68/150, 82 ARP to go
I love steama nd with the exception of Blizzard and some other games not available on Steam I really only buy games through Steam.

21
Posted Saturday, February 19th, 2011    Quote This Post
adonn78
Level 2
124 ARP
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24/150, 126 ARP to go
Steam ftw

22
Posted Sunday, February 20th, 2011    Quote This Post
Pr0
Level 2
124 ARP
24/150, 126 ARP to go
24/150, 126 ARP to go
prices are ok, and you have your games everywhere you go so... yea i can see why they hold 70% of the market.

23
Posted Friday, February 25th, 2011    Quote This Post
Rat2000
Level 4
528 ARP
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28/250, 222 ARP to go
Steam is awesome, it deserves be the #1 selling online games

Alienware M11x R1 SU7300 @1.6Ghz Gt 335 @stock clocks 2Gb DDR3 250 Gb HDD @7200 RPM

24
Posted Thursday, March 3rd, 2011    Quote This Post
el_pitaya
Level 7
3095 ARP
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1595/2147482148, 2147480553 ARP to go
Steam has the best prices on the market for digital downloads.

Cake.

25
Posted Monday, March 21st, 2011    Quote This Post
UnderCoverPanda
Level 4
686 ARP
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186/250, 64 ARP to go
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