Author Topic: Nintendo Shares Lead 25% But Tough Roads Are Ahead  (Read 749 times)

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Nintendo Shares Lead 25% But Tough Roads Are Ahead
« on: July 11, 2016, 09:45:24 PM »
The novelty of Pokemon Go is pretty awesome right now and with limited market rollout, what we are seeing with usage numbers will only climb once it reaches more audiences. That being said, there are a lot of issues with pushing a mobile/cloud-only game to market and these issues could cause serious fallout if Nintendo doesn't get and keep things rolling smoothly. Still, with an extra $7.5 billion tacked on to their market value, Nintendo is calling this one a win.

   Nagasaka added that the estimated daily turnover for Pokémon Go on the first day was around 400 million to 500 million yen ($3.9 million to $4.9 million), so in order to give Nintendo a serious leg up earnings-wise, the app needed to be consistently at the top position for sales on app stores.Source: CNBC

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