Apple is willing to spend big to get Apple Arcade up and running, and analysts believe gaming subscriptions could bring more revenue than TV or news.
and movies for Apple TV Plus. Apple Arcade will occupy a new tab in the App Store, and subscribers will be able to download and play any game from the arcade on iPhone, iPad, Mac, and Apple TV.
Apple has invested millions with indie developers to make new exclusive games for Apple Arcade; the Financial Times reports that established publishers have also been offered incentives to make their upcoming titles Apple Arcade exclusives. That means the games will launch on Apple Arcade first, then can be released on other video game platforms after a few months.
Apple Arcade games will be ad-free, and there will be no in-app purchases. Apple says new games will be added to the service on a regular basis. Games are stored permanently on the device so they will be playable offline, too. Confirmed Apple Arcade publishers include Annapurna Interactive, Bossa Studios, Cartoon Network, Finji, Giant Squid, Klei Entertainment, Konami, LEGO, Mistwalker Corporation, SEGA, Snowman, ustwo games and dozens more.
According to the Financial Times, HSBC analysts suggest that Apple Arcade subscriptions could eventually generate more revenue than Apple TV Plus or Apple News Plus. Analysts predict that Apple Arcade revenue could reach $4.5 billion by 2024, compared to $4.1 billion in projected revenue for Arcade TV Plus.
Apple will announce the official launch date and pricing details for Apple Arcade later this year, with the service expected to launch in the fall. To find out more about the service, check out our
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