230°

Pokemon Go Helps Nintendo Shares Rise by 86%, $17 Billion in Market Value

A week of heavy trading on the strength of the success of Pokemon Go helps Nintendo shares rise to new heights as the game seeks to expand globally.

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mmogames.com
Wenis2844d ago

Wish I invested in Nintendo last week.

Hroach6162844d ago

I was thinking the same. Those figures are insane. Go Nintendo

UltimateMaster2842d ago

Not as much as AMD in the beginning of the year.

Erik73572844d ago (Edited 2843d ago )

I actually did ONE WEEK AGO...crazy timing right? Im not even fckin joking with you man haha

Bogan2844d ago (Edited 2844d ago )

Just Wow and when people comment Nintendo is finished they turn around and hit u in the face with this massive money making machine.

Well done Nintendo it looks like your venture into the mobile arena wasn't such a bad idea after all.

feraldrgn2844d ago

I don't think that's what people meant when they said Nintendo is finished, I think a lot of people were talking about their console division.
Nintendo are kings & queens when it comes to handhelds.

_-EDMIX-_2844d ago

Agreed. As Somebody that has commented on many Nintendo articles, I don't believe I've ever stated Nintendo as a company was finished , as opposed to a hardware manufacturer and this sort of points to that likely happening.

All this does is further proves what I've been saying for a very long time that this company cannot afford to keep spending billions Marketing and developing consoles just to have a small limited install base.

who on Earth wants to spend more and earn less?

This shows that Nintendo very much can survive as a software only company and do fine. I personally don't believe the company should be wasting time with Hardware anymore as it's extremely costly and is not giving them great returns in comparison to just software sales.

The goal is to make money and I don't see them doing that with a smaller , limited install base when they could simply join an existing install base for zero cost.

feraldrgn2844d ago

@EDMIX
I semi agree with you, but I would like Nintendo to continue with their handhelds.

badz1492844d ago

Pokemon GO is as casual a pokemon game as you can get. It has nothing to do with core gaming experience. Congrats to Ninty for making so much with such a shallow game.

But are they gonna shift focus to mobile only after this? Looks plausible and if that happens, Nintendo will be just like Apple - so much money, yet irrelevant as far as core gaming is concerned!

_-EDMIX-_2844d ago

That's over all irrelevant to Nintendo Nintendo's goal is to make money not lose money to show off for core Gamers if that was the case it would keep releasing Wii U and losing billions right?

andrewsquall2843d ago

But they are still dead to me. Still waiting for a main Pokemon series game that comes even a tiny bit close to the visuals of FFVII. I'm waiting nearly 20 years now. :(

ABBAJESUS2844d ago

gg nintendo :) Now you only need to make 1 great console again!

2844d ago Replies(2)
warriorcase2844d ago

fun fact. Nintendo actually has nothing to do with the development of this game at all. The developer is Niantic, makers of the augmented reality game Ingress on which the technology and design of Pokémon Go is based on and has been published by the pokemon company which is only owned 1/3rd by nintend. they had no direct hand in its creation. did you notice any nintendo logos in game? Thats the beauty of marketing and affiliation :D good thing for nintendo, hope they back up the eyes on exposure to push out some good NX news

EddieNX 2843d ago

Nintendo owns the Pokemon IP though

andrewsquall2843d ago

That would explain the game somehow looking better graphically than the actual main Pokemon series of games.

miyamoto2843d ago

And this time it's not on a Nintendo owned platform and they piggyback on the popularity of Android and iOS which guarantees million's of $$$ in advertisement revenue.
This game also sells on strength of brand name and that has nothing to do with the quality of the game yet.

Show all comments (21)
90°

Bloober Team Working On 2 New Games Already

Discover the latest news from Bloober Team: they are working on 2 new games, including a new IP in partnership with Private Division.

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gamersocialclub.ca
cammers199516h ago

Stick to silent hill. Seeing their past games, nobody wants them.

290°

Steam’s Refund Policy Change Won’t Affect You Unless You’re A Lowlife

Steam is changing its refund policy, but you probably won’t be affected

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thegamer.com
thorstein1d 23h ago

Should have happened a long time ago. People wanting refunds after 50 hours in game.

fsfsxii1d 19h ago

Pc gamers will take this as an excuse to pirate things

KyRo1d 19h ago

I'm not sure why you're getting disgrees. Whilst not all PC gamers are petty, an awful lot of them are lol

Crows901d 18h ago

Entirely untrue. Not any more petty than console gamers. The only large difference is console gamers don't have much of a choice.

Michiel19891d 10h ago

Not sure why you're getting agrees. an awful lot of console gamers are overemotional twinks ready to go to war over a plastic box, I'll take being a pc gamer then.

Speaking about overgeneralizing much.

Nooderus1d 1h ago

"X" type of gamer conversations are cringe

qalpha1d 19h ago

Daily reminder that 'TheGamer' is a corporate-generated, anti-gamer, anti-consumer, clickbait web site. They are mostly A.I. generated articles that villainize gamers. They provide nothing positive and actively try to provoke and divide the community through extreme view points and politics. Do not give them any clicks.

Inverno1d 19h ago

Only scumbags? As if people don't play their games on console put in the most amount of hours and return it to GameStop and trade it in for another game. But also how many people are actually do this? And what games have been allowed to be refunded?

DustMan1d 19h ago

You can refund any game you've purchased as long as it hasn't been longer than two weeks, and you've played less than 2 hours. I wish they would change it to 3 hours because some RPG's have so much exposition that you may only get an hour total of complete gameplay. That's my only knock on it. I've refunded plenty of stuff I was just curious to try. I typically stay away from Early Access titles which are the only ones affected by this policy change.

Inverno1d 18h ago

Apparently early access doesn't count, only complete games with a play early preorder bonus.

Gaming4Life19811d 19h ago

I definitely know if I want a refund in 2 hours.

SegaSaturn6691d 10h ago

I never liked refunding anything. Even if a film is bad, i dont want my money back. Sometimes things just aren't for me, and it's not the creator's fault necessarily.

Gaming4Life19811d 4h ago

I feel you and i have never walked out on a bad movie cause I payed my money. I also don't refund games cause I'm a gamer and I know what to buy lol. I think having a digital refund is great.

Show all comments (15)
100°

Media Molecule’s Next Game is Going to be a New IP

A job listing published by the UK studio reveals that its next project will be another entirely new IP.

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gamingbolt.com
Inverno2d ago

The only PlayStation dev I care about tbh.

Inverno1d 19h ago

Dayum did I hit a nerve. Sorry for not liking most of this gens games coming from PS, not really doe.

Cacabunga2d ago

Hopefully doesn’t take them a complete gen to release it

TheColbertinator2d ago

Good. Something not boring, not one of those "make your own game" crap and also on Steam would be nice.

Stopac2d ago

I too like to look for things in the wrong places.