Apple has invested $ 500 million in arcade

Along with the presentation of Apple TV +, the Cupertino giant announced a new service that has been rumored for months. It is a subscription-based video game platform that, under the name of Apple Arcade, will be launched next fall offering more than one hundred titles. Now, according to the information published by the Financial Times , we know that Apple would have invested around $ 500 million, an amount that very soon would be bringing him great benefits.

Apple Arcade, a great investment with a great future

Citing sources with knowledge of this matter, the Financial Times has reported that Apple would have invested more than $ 500 million in its new subscription video game service, Apple Arcade , in order to ensure the development of the platform and have the best games title at launch, scheduled for next fall.

Under this same medium, Apple offers publishers additional incentives if they accept exclusivity; thus, new releases in Arcade would be limited during the first months to this service before its distribution on rival platforms. On the other hand, this strategy is expected to continue after the launch of Apple Arcade, given that the company announced that it is a live platform that will incorporate new and exclusive games on a regular basis.

Announced at Apple's last special event last March, Apple Arcade will be available next fall for iOS and macOS. Customers who want to can access a wide variety of premium titles developed by both popular publishers (Cartoon Network, Disney, Konami and Sega) and independent studios, in exchange for a fixed monthly fee.

HSBC analysts predict that Apple will earn $ 370 million in Arcade revenue during 2020, a number expected to rise to $ 2.7 billion by 2022 and $ 4.5 billion by 2024. These reports estimate that Apple Arcade will have 29 million subscribers for 2014 they would pay $ 12.99 a month.

Via Apple Insider Source Financial Times