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The news also comes at a time when Nintendo’s ( NTDOY) Switch is flying off of shelves, if they’re available at all, giving gamers the ability to play high-end titles on the go, and follows news that Valve will release its own handheld system later this fall called the Steam Deck. Apple also offers its own Apple Arcade service, which provides gamers with dozens of titles for a single monthly fee without ads for $4.99 per month. Netflix, however, will face stiff competition in the form of Apple’s App Store and Google’s Play Store, which offer free-to-play games.
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REUTERS/Brian LosnessĪccording to Accenture, the gaming industry is now valued at more than $300 billion, putting it above the combined values of the movie and music industries thanks in large part to the growth of mobile games and platforms including those available on Apple’s ( AAPL) iPhone and Google’s ( GOOG, GOOGL) Android devices. It has surged in popularity, and some call it the Helvetica of the.
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