“Pokémon GO” has been such a huge success for Nintendo that its share prices soared by a staggering 25 percent, closing at $199.70 per share with the latest session. According to CNBC, the rally was due to the app’s overwhelming success with users in the U.S. where it is currently number one on app stores, beating the likes of Facebook and Instagram. Investors are also anticipating massive interest in Japan once the app becomes available in Nintendo’s home turf.
As Yahoo Finance put it, “Pokémon GO” could mean a new dawn for the video game maker that introduced the likes of “Super Mario” and “Legend of Zelda’s” silent protagonist “Link” to the world. The interest in the augmented reality game is undeniable, and investors are tripping over themselves to ride the wave of rabid fans who are practically hurting themselves just to experience what the app can offer.
In terms of what the future of Nintendo will look like in the mobile industry, the company believes that at the very least, “Pokémon GO” will pave the way for future titles on the platform. Clearly, there are fans of the company who are just waiting for the chance to re-live their childhood joys on modern platforms that they can take anywhere, and nothing makes this more obvious than the response to “Pokémon GO.”
Bloomberg is also of the opinion that there is a potentially huge gold mine in the mobile industry waiting for Nintendo if only they decide to really invest in the market. Before the explosive app, the Japanese video game company has been reluctant to fully commit to any kind of mobile offering. Even its investment on “Niantic,” the studio responsible for “Pokémon GO” has been a relatively miniscule affair, which is why Nintendo likely didn’t expect the project to go anywhere.
Well, now they have definitive proof that they have the ability to dominate the mobile market if they want, drawing in eager investors in the process.


HKEX’s Permissive IPO Rules Could Open Opportunities for Korea to Strengthen Its Position in International Listings
South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks
Elon Musk Says Tesla Cybercab and Optimus Production Will Start Slowly Before Rapid Growth
Intel Stock Slides Despite Earnings Beat as Weak Q1 Outlook Raises Concerns
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production
Nvidia CEO Jensen Huang Plans China Visit Amid AI Chip Market Uncertainty
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates
ByteDance Finalizes Majority U.S.-Owned TikTok Joint Venture to Avert American Ban
U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns
Microsoft Restores Microsoft 365 Services After Widespread Outage
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model 



