CREDIT: Electronic Arts’ battle royale title “” is not a serious contender for Epic Games’ blockbuster “Fortnite” and it’s worth far less than its implied stock value, according to financial website.Interest in the game is fading, the website said, and since it makes up a substantial portion of ’s stock valuation, the publisher is facing a substantial decline.“” is developed by “Titanfall” developer. It launched on PC, PlayStation 4, and Xbox One on Feb.
The Apex Legends player count is rising since its surprise launch. Coming out of nowhere, the free-to-play Battle Royale shooter from Titanfall developer, Respawn Entertainment, has got off to a great start despite it competing with established BR games like Fortnite, PUBG and Blackout. But, how many people are currently playing Apex Legends? It seems like Apex Legends is doing well. We had heard that the game was at 2.5 million players and a concurrent player count of 600,000 players within a day of its launch, but the new numbers we.
![Apex legends player count 2019 Apex legends player count 2019](/uploads/1/2/5/4/125448118/438238193.jpg)
4 and managed to reach 50 million players in less than 30 days. It took “Fortnite” 100 days to reach 45 million, for comparison.
But Seeking Alpha notes that much of “Apex Legends'” early traffic wasn’t organic. EA spent millions on popular streamers like Ninja, who played and promoted the game on his Twitch channel. Once the streamers quit playing, however, interest in “Apex Legends” dropped quickly.
Earlier this month, reported the number of hours people spent watching “Apex Legends” fell from over 40 million in February to just over 10 million in March. Twitch viewership and Google searches are down substantially as well, according to Seeking Alpha. Streamers like Ninja and Dr. Disrespect have returned to other titles like “Fortnite,” with the latter comparing “Apex Legends” to Daybreak’s failing battle royale game “H1Z1.”“Honestly, we believe the criticisms of these influencers should be taken very seriously,” Seeking Alpha said.
“They not only have the power to generate interest and maintain interest for a game, but they also are veteran gamers, and have seen many games both live and die. They know the market far, far better than most investors.”Currently, Seeking Alpha believes “Apex Legends” is worth around $1.8 to $2.4 billion, which is way lower than the $7.4 billion plus valuation the market gave it right after launch.