Eurogamer
Published
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As Xbox and PlayStation flounder, Steam is reportedly having another record year
Valve's PC storefront Steam has achieved record-breaking revenue in the first half of 2026, generating an estimated $11.1 billion. This growth is attributed to the strong performance of the Chinese market, higher new release prices, and the return of third-party publishers. Meanwhile, Microsoft's Xbox and Sony's PlayStation divisions are facing challenges due to declining sales, increased hardware costs, and negative consumer sentiment.
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