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pokoko said:
GProgrammer said:

Steam actually doesnt make that much money relative to consoles etc.

Also I believe the original report is counting all PC hardware, even if the hardware is not used for games

Steam most likely blows away all the console manufacturers in terms of profit from gaming.  They pull in billions in revenue with very little overhead.

They do pull in billions, but how much is profit? A lot no doubt.

http://www.gamesindustry.biz/articles/2017-01-06-steam-paid-game-revenue-flat-in-2016-despite-escalating-releases-steam-spy

Avg price per game in 2016 $9.39

Console market is estimated at 30.8 billion, total PC at 31.9 billion, mobile 36.9 billion
https://cdn2.hubspot.net/hubfs/700740/Reports/Newzoo_Free_2016_Global_Games_Market_Report.pdf
Steam has a 10.9% market share of the total PC games market.

For comparison League of Legends made 1.6 billion alone in 2015